China at a crucial point in market liberalisation

Setting the cat among the pigeons


News that six Belgian racing pigeons had tested positive for a variety of performance enhancing drugs including cocaine and painkillers rocked the pullastrine world in October last year. It's not clear yet whether this has dampened Chinese enthusiasm for the birds which are the latest exotic object to attract the investor's attention with one pigeon, named Bolt after the Jamaican sprinter, heading to Beijing in exchange for $400,000 in 2013.

Pigeons, walnuts and panda dung-fertilised tea have

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