China, bi-flation and exploding televisions

China''s growth model is not sustainable, Newbridge''s Weijian Shan tells 1600 delegates at CSFB conference.

It was a luncheon speech that must have put some of the delegates at CSFB's Asian Investment Conference off their food. Newbridge Capital's co-managing partner, Weijian Shan delivered an incisive and brilliant speech without notes on China's current growth model and why it must change, or else fail. Here we reprint the speech in full

I am talking today about a subject that has caught the imagination of almost every investor in the world, and that is China. China has produced the most spectacular growth in the past 25 years - in fact, no country in the world has ever been able to grow as fast for such a sustained period in...

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