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In recent months, the state of the Chinese economy has been one of the most discussed topics in the business media. The bursting of the Chinese stock market bubble was one of the most discussed news stories this year, along with the decision of the Chinese central bank to cut interest rates to record lows. It seems that the Chinese economy …

We have written on this blog many times about bubbles created in various sectors of the economy “thanks” to government intervention in one form or another. Most often through manipulation of interest rates and provision of monetary stimulus by the central bank or government intervention in the form of fiscal stimulus and certain legal …