Why China will not buy the world – Martin Wolf-FT.com

This is an excellent MUST READ article by Martin Wolf in the FT, citing evidence in a new book by Peter Nolan, professor of Chinese development at Cambridge university.

via Why China will not buy the world – FT.com.

Apart from interesting insights into China the article provides an excellent summary of market power of today’s multi-national companies.

Any thoughts?

National emblem of the People's Republic of China

National emblem of the People’s Republic of China (Photo credit: Wikipedia)

 

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3 responses

  1. Pingback: Osborne has now been proved wrong on austerity – Martin Wolf -FT.com « Dr Alf's Blog

  2. Pingback: The Big Squeeze – Editorial – FT.com « Dr Alf's Blog

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