Yet more evidence for Austro-Chinese business cycle theory

Zhao says Wang charges up to $30,000 per breeding session with Obama.

The full story is here.  Get this bit:

Last month, a Nanjing breeder paid $234,000 for his purebred pooch, reported the Yangtze Evening Times. In September, a young woman in Xian paid $600,000 for her pet, according to the Xian Evening News. Both led airport welcomes with long convoys of pricey automobiles.

For the pointer I thank Daniel Lippman.


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