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PR Newswire
17-04-2014, 04:54 PM
No worries, Chinese economies has never been fully open. Hence they can always operate within their own parameters.
The truth here lies in the leakages of good Chinese $ overseas over the past many years already. What is left is probably not much and hence the real collapse will come when the market is accessible by foreigners.
The problems are already there and given that it remains limited to domestic $, it will never in the Chinese interests to have problems blow up in their face - ultimately Chinese face issue is always very important.
After so many problems both financially and environmentally being created, we should always monitor Chinese developments cautiously.
The truth here lies in the leakages of good Chinese $ overseas over the past many years already. What is left is probably not much and hence the real collapse will come when the market is accessible by foreigners.
The problems are already there and given that it remains limited to domestic $, it will never in the Chinese interests to have problems blow up in their face - ultimately Chinese face issue is always very important.
After so many problems both financially and environmentally being created, we should always monitor Chinese developments cautiously.