Political and finance analyst professor Victor Shih discusses the changes of massive capital flight from China. The amount of 3 trillion US dollar could leave the country, he argues in this video. How much value has its officially formidable foreign exchange reserve?
- What about the underground financial bubble? – Victor Shih (chinaherald.net)
- China’s government still controls economy – Victor Shih (chinaherald.net)
- China can deal with its sky-high debts – Victor Shih (chinaherald.net)
- Credit crunch leads to slowdown – Victor Shih (chinaspeakersbureau.info)