...went to China to meet with the CFO of CCME, but his meeting was cancelled. He and his experienced Chinese investor friend decided to visit CCME's main office without notice, anyway. What Roddy saw I can only describe as worse than even I suspected. It appears the company is 100% absolutely positively
...subject of China he has pretty consistently underestimated the problems the country faces and overestimated Beijing’s accomplishments. The RMB is unlikely to become a serious reserve currency in the foreseeable future. There are a number of reasons for this. First and most obviously, there are few realistic mechanisms