> "This is going to come back to haunt China at a time when growth is slowing and when they are going to need investment the most." The market has a short memo

> "This is going to come back to haunt China at a time when growth is slowing and when they are going to need investment the most." The market has a short memory. China can act this way for as long as it is profitable. As soon as it starts to hurt them, they can stage a 'revolution' and after a few years of playing nice, all will be forgiven. That's what scapegoats are for, transferring sins.