December 15, 2013

Dear President of China

Thomas Friedman, New York Times

The Associated Press

Dear President Xi, in recent years there’s been a tug of war inside the global investment community between those who think China is a bubble about to burst and therefore a “screaming short” and those who believe that China has big problems — but also big tools and smart leaders — and will find a way forward, even if at a more normal growth rate. I lean toward the second camp, but looking at some of China’s recent behavior I’m beginning to wonder: Maybe your system is more frail than I thought?

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TAGGED: China

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