China's Economic Data Invites Mistrust and Unease
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A big factor enflaming global market unease over China is the fact that outsiders have no clear idea what is happening there. What's that doing to confidence in China's leadership? WSJ's Jason Bellini has #TheShortAnswer. Subscribe to the WSJ channel here: http://bit.ly/14Q81Xy More from the Wall Street Journal: Visit WSJ.com: http://www.wsj.com Follow WSJ on Facebook: http://www.facebook.com/wsjvideo Follow WSJ on Google+: https://plus.google.com/+wsj/posts Follow WSJ on Twitter: https://twitter.com/WSJvideo Follow WSJ on Instagram: http://instagram.com/wsj Follow WSJ on Pinterest: http://www.pinterest.com/wsj/
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Japan experienced a similar run'up in prices during the '80s. Injection of gov't low cost financing lead to excess debt & capacity over-hang. This will work out but it will take time. Another get-rich-quick scheme heads for the drain.
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