THE DISTILLERY: Defining China

Commentators say markets exaggerated Chinese data disappointment, while one flies a flag for Lehman investors.

Was yesterday’s plunge in Australian mining stocks in response to China’s disappointing economic numbers an overreaction? You can break this point down into a discussion about the fundamentals of the Australian share market, or indeed China’s economy, and the force that’s dominating equity markets around the world right now. Two of Australia’s leading business columnists investigate.

Also in this morning’s edition of The Distillery, one top shelf business writer explains just how much the singed creditors of Lehman Brothers Australia could get and the international implications of such a victory.


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