Malcolm Scott, China Beige Book Shows ‘Disturbing’ Economic Deterioration. Bloomberg BusinessWeek, Dec 17, 2015 (blog).
http://www.bloomberg.com/news/ar ... all-fronts-iiaunzjp
Note:
(a) The phrase "on the Rope" is derived from boxing.
(b)
(i) Beige Book
https://en.wikipedia.org/wiki/Beige_Book
(ii) China Beige Book (International) is a consultancy. But I can not find anything about it, except its website (which says little, such as its location, its starting year etc; I did not expect to find this report, which is indeed not available to the public).
(c) One blogger's title for this report is "China's Beige Book Paints a Bleak Picture of Doom." In contrast, CBB was relatively optimistic about China three month ago (in its 3Q15 report). See
China Beige Book Says Pessimism ‘Thoroughly Divorced From Facts.’ Bloomberg BusinessWeek, Sept 20, 2015 (blog).
www.bloomberg.com/news/articles/ ... ivorced-from-facts-
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