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 Lionel Barber, The Editor of The Financial Times writes about his latest trip to China. One of his first interviews is with the Chinese Premier, Li Keqiang. The high profile meeting centred around the chinese economy, in which Lionel was told by an advisor to Li about the 'Catfish school of economics'. To rebalance the chinese economy away from export to consumer led is seen as a great challenge, likened to the problem chinese fisher men faced - how to keep their catch alive on the long journey home? By throwing a catfish into the mix, 15% would die, however it would make the other fish swim around much faster creating oxygen and keeping them alive until there final destination. Source: The Financial Times |
