Value Investing World

Monday, January 7, 2013

Looking for a Jump-Start in China – By Nicholas Kristof

HERE is my prediction about China: The new paramount leader, Xi Jinping, will spearhead a resurgence of economic reform, and probably some political easing as well. Mao’s body will be hauled out of Tiananmen Square on his watch, and Liu Xiaobo, the Nobel Peace Prize-winning writer, will be released from prison.

These won’t happen immediately — Xi won’t even be named president until March — and I may be wrong entirely. But my hunch on this return to China, my old home, is that change is coming.

Joe at 1/07/2013
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