China is universally hated, despised, trashed. No one owns it. There is a large structural short in China. There are China bear funds all over the place. Where are the Brazil or Russia or India bear funds? There aren’t any, even after atrocious multiyear performance, endemic corruption, appalling mismanagement, and mounting bad debt problems in India, Brazil and Russia. Wait until the Russians get the $50bn bill for the Sochi Olympics. It is naive to [...]