China Economy

China Economy

Time is money
When Failure Is Winning

When Failure Is Winning

Euro Banks MoneyChina is churning out oceans full of unprofitable steel because it’s the only way it can keep economic growth from stalling. To state the obvious, this is an unsustainable growth model.
After Brexit… China

After Brexit… China

Chinese Businessman holding business card with China FlagOK Given that a large part of China’s wealth is trapped in unproductive investments, it doesn’t inspire confidence about China’s ‘rising middle class’ and ‘rising consumer society’.