It's China's turn to wrestle with a pile of bad debt
Another western economist with his head up his @ss who has no idea what is going on here
Among other things, I edit translations of bank reports and company reports to shareholders etc., and the total debt talked about in this "opinion only report" is like a tick on a very big dog.
Luckily the US is getting a 50 square mile Chinese industrial estate shortly, that should help you guys get to grips with simple economics.
Related Discussions
- 10
China's ascension to Global Domination - Why America Must Pivot
The global economy is resetting, China is repositioning itself to export innovative technologies, and its trading partners are more diverse.https://www.mckinsey.com/mgi/overview/i … re-diverseIs ‘Made in China 2025’ a Threat to Global Trade?https://www.cfr.org/backgrounder/made-c …...
- 18
Should the U.S. be worried that China is massively building up their military ri
Should the U.S. be worried that China is massively building up their military right now?China is building up their military at a greater rate than Hitler did prior to WW2. China's military is as technologically advanced as ours.
- 12
Almost half China's richest want to emigrate: survey
Nearly half of China's wealthiest citizens are considering emigrating, with the United States and Canada the most popular destinations, according to a new report from the authors of China's rich list.The survey by the Bank of China and the Hurun Report, which publishes luxury magazines and runs a...
- 29
Is it bad for the U.S. when China Becomes the #1 world Economy?
OK, Junko, here we go.Why is China's economic growth, and likely supplanting of the U.S. economy as the world's largest a conspiracy?Yes, sometimes forum exchanges do amount to a game, sometimes a relevant one and sometimes a waste of time. But we still have the choice to be players or...
- 16
"Is China Building the Next Bubble?": CBS
Web-site/URL: http://www.cbsnews.com/8301-503983_162- … ?tag=stackConsidering the fact that CHINA thinks that they are the giants of the world and can do whatever they want when they want and without consequences, this wouldn't be a shock
- 9
Do you think it is wise to praise the Chinese successful 'state capitalism' ?
Do you think it is wise to praise the Chinese successful 'state capitalism' ?The China's semi-command economics are successful in times of the global recession and for some people it feels like the way to go. There is growing Chinese investment all around the world.Behind U.S. global expansion was...