China's GDP is approximately a third the size of US GDP and within the decade China's GDP will be the largest by anyone's definition.
Within the same decade China will boast more than 25000 individuals with wealth in excess of $100 million.
If Spain, Portugal, Greece and Ireland are 'key' economies sending global equities to highs and lows depending on the latest sovereign bond yields why is it that when China relaxes the yuan markets reverse intra-day declines immediately?
Should we really care about next week's hat-in-hand 'EU-posse' to the IMF or should we dismiss the escapade as just another Brussels-engineered 'storm-in-your-wallet' pantomime played out by silk-clad beggars?
Within the same decade China will boast more than 25000 individuals with wealth in excess of $100 million.
If Spain, Portugal, Greece and Ireland are 'key' economies sending global equities to highs and lows depending on the latest sovereign bond yields why is it that when China relaxes the yuan markets reverse intra-day declines immediately?
Should we really care about next week's hat-in-hand 'EU-posse' to the IMF or should we dismiss the escapade as just another Brussels-engineered 'storm-in-your-wallet' pantomime played out by silk-clad beggars?
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