Note:
(a) Mr Soros said something like this in Davos, Switzerland earlier this year. But he puts his money on the line (betting against China). He has vested interests (though he did not disclose it at he beginning), and it is a caveat.
(b) Bonnie Cao, Ye Xie and Saijel Koshan, Soros Says China's Debt-Fueled Growth Echoes US in 2007-08. Bloomberg, Apr 20, 2016. www.bloomberg.com/news/articles/ ... omy-resembles-u-s-i
My comment: I fail to find out what "parabolic cycle" is.
(c) The event:
ChinaFile Presents: The End of China's Economic Miracle? A Discussion with 'Financial Times' Writers. Asia Society, Apr 20, 2016 (6:30pm - 8:00pm) http://asiasociety.org/new-york/ ... es%E2%80%99-writers
("Join Financial Times Asia Editor Jamil Anderlini; former Washington and Beijing Bureau Chief Richard McGregor; China Correspondent Lucy Hornby, and financier, philanthropist, and frequent Financial Times columnist George Soros for a discussion of these changes and a look at China’s economic prospects in the coming years, moderated by Arthur Ross Director of the Asia Society Center on US-China Relations Orville Schell")