Xi's Bookshelf; Dialogue and Buttons; No Ma-Ant Financial Deal For Moneygram Is Dead; Water Politics; "Zen-generation" Driving Communist Cadres To Distraction

Happy Wednesday from frigid DC. As expected there has been a flurry of analyses of Xi's bookshelf, and some of the interesting findings are discussed below.

The RMB hit a 20 month high Wednesday. I have no clue where it goes next but clearly the capital controls have worked and a weak US dollar is helping. Will sentiment towards the RMB shift enough to …

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