Friday, January 2

Peter S. Goodman returns from vacation with Financial Enterprise In China at Odds With Party Politics, another summary of the Sun Dawu case and its implications.

Oops. I meant to point out,
the relative lenience of Sun's sentence has been construed as a signal that creative finance will be tolerated as the only way to relieve the credit crunch vexing private companies -- now the source of two-thirds of Chinese jobs.

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