Only those investors talking their book and others captured by the need for access to China will say they are optimistic about a strong sustainable future for that country. For some it appears to be a belief. For others, it is merely a hope that things will come good at some future date.
But how can that be?
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Adrian Blundell-Wignall writes on the world economy and is a former director of the OECD. He is currently in Paris.
