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China's Economy: The Gloom And Doom Version

By Dan Harris and Steve Dickinson

As regular readers well know, I am not a big fan of predictions regarding China or its economy. Their overall accuracy is too low. But I am linking over to one now, entitled, "Chinese and Starbucks Late Stage Growth Obesity," for two reasons. First, I know the author, Vitaliy Katsenelson, and he is one smart dude. Second, it does a nice job of analyzing the situation. But while I agree with much of the analysis (though I sure as hell would not describe Singapore as a lower cost country than China!), I aggressively take absolutely no position on the conclusion: China's economy is going to fall and fall hard. It does make for interesting reading.

Full post as published by China Law Blog on August 13, 2008 (boomark / email).