China: Olympic Fever and the Market [View article]
My contention is not if China 'needs' to acquire an asset abroad, or how much China can leverage that reserve. The question is if China will be 'allowed' to acquire assets abroad. Theoretically China's buying power might be much higher than $2 trillion but what China is allowed to acquire is very limited.
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My contention is not if China 'needs' to acquire an asset abroad, or how much China can leverage that reserve. The question is if China will be 'allowed' to acquire assets abroad. Theoretically China's buying power might be much higher than $2 trillion but what China is allowed to acquire is very limited.
Aug 21 19:07 pm
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