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The debate about China’s growth slowdown since 2010 continues to rage. Some think that the drop in China’s growth rate is cyclical. Others believe that trend growth has shifted down a gear.
In 'The Fix: How Bankers Lied, Cheated and Colluded to Rig the World’s Most Important Number,' Liam Vaughan and Gavin Finch offer a multidimensional journalistic account of the Libor scandal, drawing on interviews, court testimony and legal evidence. With the book unraveling like an engaging detective story and full of lively portraits of key characters, Maria Zhivitskaya only wishes that it was longer.
'They bought their first apartment in 1970 for HK$45,000 (US$5,775), moving seven times before they splashed out HK$7.85 million on their Wonderland Villas home - it is now worth double that.'
In 'Capital Without Borders: Wealth Managers and the One Percent,' Brooke Harrington offers an in-depth look into the work of wealth management professionals who ensure that the ‘one percent’ keep getting richer. Drawing on interviews and Harrington’s own experiences of a wealth management training program, Sin Yee Koh finds this a well-researched and clearly written ethnographic study that focuses attention on a key industry behind the continuation of global inequality.