New York Times (January 9)
“Given that the Japanese justice system is also on trial, it may be better for this saga to play out in the court of public opinion…. Japan needs to take a close look to see whether its justice system is due for a fundamental rethinking.”
Tags: Court, Japan, Justice system, Public opinion, Rethinking, Saga, Trial
Bloomberg (June 22)
“In the culmination of a long-running saga, MSCI Inc. yesterday announced that it would include some Chinese stocks in its widely used benchmark indexes, starting next year.” The decision beggars belief. “China is undeniably an increasingly important market…. But lowering the standards of what constitutes a market and obfuscating real problems just exposes unknowing foreign investors to elevated risks. If Chinese investors and even regulators are so wary of Chinese stocks, why encourage foreigners to enter the fray?”
Tags: Benchmark, China, Foreign investors, Index, MSCI, Problems, Regulators, Risks, Saga, Standards, Stocks
