Wednesday, March 14, 2018

What Props up China's Debt Driven Economy?

Three pillars keep China’s complete financial system from collapsing: (1) the trust of its citizens, (2) high private savings, and (3) capital control. China would do good to protect these pillars. But it's getting harder and harder to keep them intact.

from Forbes Real Time https://www.forbes.com/sites/peterpham/2018/03/14/what-props-up-chinas-debt-driven-economy/
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