News: 2014-02-24

Emerging Markets
Why China cannot have a ‘Lehman moment’ | South China Morning Post
Always be sceptical of statements like this: "China cannot have a Lehman moment. Its financial system does not work the way America’s (or Japan’s or Italy’s) does. In fact, it is not clear how China can suffer any sort of acute financial crisis. And it is extremely unlikely that, if such a crisis did occur, it would do lasting harm to the global financial system."
BBC News - China home prices rise in January but at slower pace
China to keep economic growth within reasonable range in 2014 | Reuters
Behind China's Labor Unrest: Factory Workers and Taxi Drivers - Businessweek
At the mercy of the markets | David McWilliams
" What is going on in Turkey is also playing out in South Africa, Brazil and, to a...


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