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Home>Feeding the Dragon: Why China’s Credit System Looks Vulnerable

Feeding the Dragon: Why China’s Credit System Looks Vulnerable

Perspectives Content Submission

Wed, 23 Jan 2013

Prologue For GMO’s asset allocation team, valuations are our first protection against losses. We generally believe that cheaper assets are more resilient against bad economic and financial events, and that if we focus on avoiding the overvalued assets, we should not only achieve higher returns over

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