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3Novices:Can Xi Jinping head off the grey rhinos in China’s economy?

Common sense goes that the first step in solving any problem is recognising there is one. But if one ignores the problem and allows it to balloon to the edge of a crisis before recognising the severity of the issue, that means common sense has long gone out the window and all one is left with is a mess or even worse.
That is what has happened with China’s massive and fraud-ridden financial system in which a herd of “grey rhinos” brazenly grew, charged around, and punched big…
August 12, 2017 at 10:33AM http://ift.tt/2hSUi59
#3Novices #News #OnlineMedia #China 3Novices China

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