Mr Qi may require a massage, but China's growth figures don't

Spare a thought, if you will, for a Mr Qi, of China. He invested some £100,000 in shares in May, just before the stock-market bubble burst. He has lost £40,000, at least on paper. His dreams of making enough on the stock market are, for now, dashed, and he will have to postpone his plan to buy his own home. I do not know what the Mandarin for “negative equity” is, but Mr Qi is feeling the effects of it, as are many more Chinese private investors. Reports tell us that the