The links post is brief again today. I apologize for the brevity but I have not been able to get more links sorted before the 11am newsletter deadline.
In China, a New City Attracts Few - WSJ.com
"Tieling symbolizes the enormous challenges Chinese Premier Li Keqiang faces as he touts urbanization—a process analysts expect will see 250 million people move from rural areas to cities over 20 years—as the force that will ensure his country's economy keeps growing well into the future."Urbanization will not only drive tremendous consumption and investment demand, and create employment opportunities, but directly affect the well-being of the people," Mr. Li said in March during his first news conference as Chinese premier.Mr. Li has yet to present a detailed vision of how to achieve hi...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.