| 1 | Yes, indeed, China does have cash flow. | |
| 2 | All this has led to an explosion in the country's money supply. | |
| 3 | How vulnerable is your cash flow to changes in any parameter of your calculations? | |
| 4 | There was a lot of cheap money around, and it needed to be reinvested. | |
| 5 | At the same time, the reopening of credit markets has allowed buyers to raise substantial liquidity. |