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The consensus on China is wrong
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2017-11-27 10:02:26
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}A daily digest of opinions and analysisActually, Maybe China Shouldn't Open Up Just YetEconomists and the World Bank say liberalization will cure what ails China — but freeing up trade and investment, unshackling the exchange rate, and easing capital controls could backfire. Peking University finance professor Michael Pettis explains why the standard reforms could keep China from dealing with its debt bomb.Problems With Trump's Middle East Peace PlanDonald Trump calls it "the ultimate deal," but his administration's Israeli-Palestinian peace plan looks set to repeat the mistakes of the past. Ami Ayalon, Gilead Sher and Orni Petruschka argue the White House won't accomplish much until it gets behind a two-state solution and treats settlements as a serious problem.Latin America's Star Pupil Needs Some New IdeasChile, long the region's most business-friendly country, has fallen into the a decade of economic inertia — call it the middle-income trap. Will the next president deliver a jolt to the economy? Mac Margolis says he'll need to look beyond commodities and economic orthodoxy if he wants to pull the nation out of its funk.This New Jersey House Contest Is Scary for the GOPThe 12-term Republican incumbent in upscale Morris County is facing "his first real race in decades," challenged by a former Navy pilot and mother of four who's riding a wave of backlash against Trump. Albert R. Hunt explains why this toss-up of a race could have national repercussions.Ritholtz's ReadsInside the first church of artificial intelligence (Wired)Can Ford turn itself into a tech company? (New York Times)Business is booming for America’s survival food king (Bloomberg Businessweek)(Read Barry Ritholtz's full daily news roundup here.) Bloomberg L.P. ● 731 Lexington Avenue, New York, NY 10022Web ● Facebook ● TwitterFeedback ● Unsubscribe
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