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Chinese Economy: Early Signs of Rapid Deceleration

Some signs point to a rapid deceleration of the Chinese economy: Politburo to convene urgent economic meeting Chinese Domestic Olympic Travel Falls Lower Than Expectations Unsold inventories climbing Shanghai Vanke first to lower real estate prices in Shanghai (in Chinese) The whole idea of an urgent politburo meeting just three weeks before the Beijing Olympics [...]

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This is a joke, right?

When I read the first few paragraphs, I thought it might be a joke. It read: “Oxford university’s latest professor is a top Chinese expert on mathematical finance who aims to understand how markets are affected by traders’ gambling and irrational risk-taking.” This was followed by: A new chair has been created for Xunyu Zhou [...]

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