The most talked about country took the most unexpected turn against its best brand called Shanghai. Why? Mega plans fueled with high growth and investments gave birth to high levels of kickbacks, commissions and arbitrage in the 90s. The average per capita income in China increased more than 11 times in a period of 30 years. Every small rule… Continue reading »
Dec
14
Dreams of “The Shanghai Gang”
Tags: 2010, arbitrage, banks, beach, brand, Chen, China, comissions, dreams, east coast, formula one track, gas, Great barrier reef, growth, Han Zhen, I have a dream, kickbacks, kleptocracy, Martin Luther King, mayor, non performing assets, nouveaux riches, payback period, people's republic of China, per capita income, plethora of unrest, PRC, Recession in China, Shanghai, tennis complex, The Shanghai Gang, TVE, TVEs, undersea tunnel, world expo
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