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A crazy casino

CHINA'S stockmarket has often been called a casino, with share prices bearing little connection to underlying economic conditions. But while the market has strayed [...] Read more ...

via Economist
27 May 2015

VOX, CEPR’s Policy Portal

Due to the nascent nature of the Chinese housing market, there are relatively few repeat home sales; however, an important feature of the Chinese housing market is that housing units are typically apartments in large developments. There are growing concerns across the global economic and policy communities regarding the decade-long housing market b [...] Read more ...

via Voxeu
27 May 2015

Harry McCracken on Twitter