This is an excellent article by Simon Rabinovitch, FT correspondent in Beijing, China. Check it out!
Personally, I was enormously impressed with the Chinese Government’s intervention in 2008 in response to the global banking crisis. I sense that the Chinese Government might be biding its time waiting to intervene aggressively, once again.
At one extreme, the Chinese Government may stimulative domestic demand with capital investment and at the other it may acquire European assets at fireside prices.
How do you see the Chinese Government responding over the next six months?