Subject: Share the View: China's Illness
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Fri, 10 Jul 2015 05:00:10 -0400 (EDT)

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Share The View

The Latest Opinions From Bloomberg View

Jul 10, 2015

bloombergview.com<=a>

<= href="http://link.mail.bloombergview.com/55086a4c3b35d051538c37cc2t8on.=aj/VQoHU0mOo5ZTeiFgBa108" style="text-decoration:none;color:#00b9e7;line=height:1.6em">Wall Street

Matt Levine: "If there were o=ly one exchange, then the price on the exchange would be the price on the =xchange, and you'd never need to worry about trading at a stale price. But=instead there are 11 exchanges and dozens of dark pools and retail interna=izers and other places where stocks trade, and everything is, or might be,=just a bit out of sync. Those disparities create profit opportunities." Read more...

China

William Pesek: "U.S. growth s=ill matters plenty. But Beijing's GDP arguably matters much more to Asia's=health these days. Too bad the region has no real way to take China's temp=rature." Read more...<=a>

Noah Feldman: "China’= public is learning this lesson now -- the hard way. That lesson is profou=d: The government enables markets to exist, but once they do, the governme=t can’t dictate to them; it can only propitiate. That means Xi Jin=ing, powerful though he is, isn’t more powerful than the markets."=/span> Read more...

Economics

The Editors: "The state of th= world is improving at an astonishing rate. That might have served as the =itle of a valuable new report on global incomes from the Pew Research Cent=r. In a spirit of glass-half-full restraint, the center instead announced =hat 'A Global Middle Class Is More Promise Than Reality.'" Read more...

Asia

The Editors: "Malaysian Prime=Minister Najib Razak may very well be, as he insists, innocent of charges =hat nearly $700 million in government-linked funds ended up in his persona= accounts. But his handling of the scandal thus far has only underscored w=aknesses in the Malaysian political system." Read more...

2016 Elections

Jonathan Bernstein: "Reince P=iebus, the chairman of the Republican National Committee, has reportedly a=ked Donald Trump to 'tone it down.' That's OK, I suppose, but it misses th= larger point: Priebus himself has set up a process that is begging Republ=can candidates to amp things up." Read more...

Investing

Justin Fox: "Different indust=ies have different modes of competition. ... In the young field of robo-ad=ising -- automated investing services that let algorithms do the work of f=nancial advisers -- it's apparently going to be all about how aggrieved yo=r chief executive officer can sound in a long post he writes on the blog-p=blishing platform Medium." Read more...

Russia

Leonid Bershidsky: "Is Presid=nt Vladimir Putin strong or weak? Is Russia a paper tiger or can it roar? =his is suddenly a hot topic among Russia experts. It's fun to follow, but =t's also depressing, because it shows how successful the Russian leader ha= been in achieving his self-serving goals." Read more...

Sports

Kavitha A. Davidson: "Leaking=private medical information is a common, dirty tactic used by both teams a=d agents in the course of contract negotiations. While there's zero eviden=e the Giants had any hand in this -- or any actual knowledge of the injuri=s -- it's hard to overlook the impact these records could have on Pierre-P=ul's deals." Read more=..

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For media inquiries, contact Jill Watanabe at j=[email-masked].

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