The first quarter of 2016 is finishing in a much better situation than it has started. Invalidating, once more, analysis and forecasts of most of economists, the world has not been hurt by the failure of a major country, having consequences outside of its borders. There were no recessions among large developed economies and growth went on, only at a slower rhythm than it would be necessary to reduce disequilibrium caused by the 2007-2008 crisis, unemployment for some of them, excessive indebtedness for the others.
Chinese economy is following its path. Shanghai Stock Exchange is regaining, day after day, the ...