President Xi Embraces Marx, Rejects Coase And The Facts |
| December 21, 2018 | December 2018 Bond Updates |
|
China is slowing down. Forget all the reported statistics and those that have recently been discontinued—like Guangdong’s monthly purchasing managers’ index—money and credit tell the tale. Indeed, there is a strong link between the broad money growth in China and nominal GDP growth. |
| View more at: https://www.forbes.com/sites/stevehanke/2018/12/20/president-xi-embraces-marx-rejects-coase-and-the-facts/ |
| Related News |