Two views: either China's buying up the world ... or the elite are rushing to the exits.
Position | Off the News - Brief article |
"China's outbound direct investment is for the I first time set to exceed investment into the country, highlighting the ongoing shift of global economic influence to the east. Outbound direct investment rose 21.6 percent in the first nine months compared with last year to $75 billion and on Wednesday a senior Chinese official said that on current trends it would probably exceed inbound investment by the end of the year."
"China's economy grew at its slowest pace since I the depths of the global financial crisis in the third quarter and is on track for its worst annual performance since...
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