U.S. Newswire: “China’s Economic Bubble about to Collapse, Experts Warn”

From U.S. Newswire: :

China's furious economic growth in recent years has created a bubble economy that is on the verge of , according to Strategic Forecasting Inc. (STRATFOR), a leading private intelligence service.

In its latest Decade Forecast report, STRATFOR says China's economy is already on life support - with an estimated $500 billion in bad debts threatening its banking system, rapidly rising unemployment, rampant government corruption and mismanagement, and foreign investment dwindling.

In The McKinsey Quarterly, 2005 Number issue, there is an article called How to fix China's banking system. Daniel R. Joseph also had a piece called The Coming China Crisis: Fact or Fiction? in International Business.

Categories :

Tags :


CDT on Twitter

Google Ads 1


Giving Assistant

Amazon Smile

Google Ads 2

Anti-censorship Tools

Life Without Walls

Click on the image to download Firefly for circumvention

Open popup

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.