31.08.2009 - China chasing bubbles
From Fnarena.com: "It will not be too bad this year. Both China and America are addressing bubbles by creating more bubbles and we're just taking advantage of that. So we can't lose." So said Lou Jiwei, the chairman of China's US$300bn sovereign wealth fund China Investment Corp. The Global Financial Crisis came about following the bursting of what had been decades of a growing developed world debt bubble..............Full Article: Source
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