Saturday, August 13, 2016

China needs a Free Press to efficiently allocate assets

A Flood of Money, but to Where? is the problem confronting China where on one hand China's President Xi Jinping is suppressing a free press just when the economy needs it to efficiently allocate assets. The great Leap Forward, the one started by Deng not Mao, took the low hanging fruit. Now entrepreneurs need to figure out new and not so obvious opportunities that only a free press can examine to separate the wheat from the chaff, including the press.    

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