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China’s massive economic advantage over the world is about to disappear


We have finally arrived at a point in history that economists have been dreading for years: The moment when the total number of Chinese workers goes into decline for the first time in decades. Since way before the 1990s, China has had one huge economic advantage over the rest of the world: Year after year, … Continue reading

China’s second interest rate cut in month


SCMP says, “China made a surprise move yesterday to cut interest rates for the second time in a month. At the same time, the European Central Bank cut interest rates to a historic low and the Bank of England took steps to further ease credit. “While the moves by the three central banks don’t appear … Continue reading

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