China: The Bubble That Never Pops - Orlik Thomas
Orlik, Thomas (Chief Economist, Chief Economist, Bloomberg) 2020 240 anglické Thomas Orlik
The Chinese economy appears destined for failure, the financial bubble forever in peril of popping, the real estate sector doomed to collapse, the factories fated for bankruptcy. A banking system more than twice the size of the U.S. and an economy still a third smaller. A looming trade war with the United States that threatens to lock its factories out of the world''s biggest market. An urban land...
The Chinese economy appears destined for failure, the financial bubble forever in peril of popping, the real estate sector doomed to collapse, the factories fated for bankruptcy. A banking system more than twice the size of the U.S. and an economy still a third smaller. A looming trade war with the United States that threatens to lock its factories out of the world''s biggest market. An urban landscape littered with ghost towns of empty property. An industrial sector strewn with state-owned zombie firms. A two-hundred million strong migrant workforce treated as second-class citizens in the cit
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