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Bloomberg Markets and Finance features news about financial markets from around the world. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
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Bloomberg Markets and Finance published this video item, entitled “China Investing Is Like Checking Into Hotel California: Ferguson” – below is their description.
Jun.04 — Hoover Institution Senior Fellow Niall Ferguson says that Wall Street doesn’t understand that the U.S. and China are headed for a Cold War. He thinks that investing in China might have its opportunities, but warns that the capital controls make it like “Hotel California.” He is also the author of “Doom: The Politics of Catastrophe.” He joins David Westin on “Bloomberg Wall Street Week.”Bloomberg Markets and Finance YouTube Channel
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