HONG KONG (Reuters) – China’s HNA Group Co Ltd is in talks to purchase a controlling stake in E-commerce China Dangdang Inc in a deal that could value the online marketplace at over $1 billion, two folks with direct knowledge of the matter advised Reuters.
A variety of economists — most famously Larry Summers , but additionally yours actually and others — have been warning for some time that the whole world may be turning Japanese. That is, it seems as if weak demand and a bias toward deflation are enduring issues. Until recently, nonetheless, buyers acted as in the event that they still anticipated a return to what we used to consider normal conditions. Now they’ve thrown within the towel, in impact conceding that persistent weak spot is the new regular. This means low brief-term rates of interest for a very long time, and low long-term charges immediately.
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