The coming year’s horse race

What might the Year of the Horse hold in store for China, Japan, India and Thailand? Read on. China: happy trails The lunar new year is beginning with… nothing. Murky forces have bailed out the Rmb3 billion ($490 million) Credit To Gold No 1 trust, which was exposed to a coal mine that’s gone bust. Whether the capital injection has originated from the trust company (China Credit Trust), the distributor (ICBC), the provincial government (Shanxi) or other figures in the coal-mining…