Monthly Archive for August 2010

On August 8 Credit Suisse published a study they had commissioned by Professor Wang Xiaolu of the China Reform Foundation.  A lot of readers have asked on- and offline me to discuss this study in light of the entry I posted two weeks ago about Chinese consumption – and especially to explain whether this study [...]

There has been a lot of excited press commentary recently about China’s overtaking Japan as the world’s second largest economy.  China’s GDP should be larger than Japan’s for the first time sometime this year, which in a similar context in 1987 the Italians called “il sorpasso”.  For all the excited search for the deeper meaning [...]