China is through screwing around, seeks to deploy reserves to buy real assets
Chinese look at American real estate for sale at a Beijing exhibition geared towards investors looking to buy property in the U.S. (AP photo)
August 7, (Market Oracle) - Starting with the re-opening of formal trade arrangements in 1971, China has undergone a near unprecedented level of economic transformations. The country's per-capita income doubled from 1978 to 1987 and again from 1987 to 1996 ... Which brings us to today, where the US is trapped in a symbiotic relationship with the very country that will overtake it in the next 15-20 years. . . continue reading.
