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    Posts Tagged cronyism

    Are Chinese Corporate Earnings Inflated?

    In an article for the Oct. 29 issue of Caijing, writer Xu Shanda (许善达) claims that Chinese corporate earnings are inflated. In the Chinese language article, Xu claims that there is an earnings bubble. The article summary says this (my translation): The government should no longer listen to Chinese enterprises’ requests to turn their costs [...]