This analysis by two highly respected economists says that up to 46% of Chinese loans may be at risk of default. This, dear readers, is a gut-wrenching statistic.
This graphic is like a user-friendly x-ray image of Stalinist capitalism.
President Xi has a lot of work in front of him. He still has to reform the state-owned enterprises.
For classroom purposes, students, you may download the graphic by going to the Tom Orlick twitter address, below. His credentials are excellent. He is an authoritative source.
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This graphic is like a user-friendly x-ray image of Stalinist capitalism.
President Xi has a lot of work in front of him. He still has to reform the state-owned enterprises.
For classroom purposes, students, you may download the graphic by going to the Tom Orlick twitter address, below. His credentials are excellent. He is an authoritative source.
How many bad loans might China have?
— Tom Orlik (@TomOrlik) May 27, 2016
Check out our analysis:https://t.co/Q5KqTlChUa pic.twitter.com/XTXIwnsqgs
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