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Is the 20th Century the Chinese Century?
Yunow: The chinese model looks very brittle to me. I think i'm glad that you came out of aspen optimistic, but to me, the whole thing looks like it's not going to work for them. There is a real pile of trouble there. Debt, all kinds of a under performing loans, property developers on the edge of bankruptcy. And it's clear that the authorities are really pretty uneasy about the situation that they're in.