A major concern about China's economic "stimulus" efforts (as stated by a Chinese entrepreneur last week, interviewed on CNBC), is the corruption within the Chinese government, that he says is even worse than that in the USA!!! IOW, the majority of the money gets shared among the top, leaving only a trickle for the well-stated, but underserved, economic objectives. ...Sounds like the USA's education system, where the top gets over 2/3 of the money and the front-line teachers and students get the leftover crumbs, federal, state, and local.
China Bulls Dream of Net Stimulus [View article]
CHOMPS,
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