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China's Takeover of the World - Is There a Comparative?
The chinese ks have just continually traded at lower and lower prices to tangible book value. They're trading at zero point three times tangible book, which tells you that the market doesn't trust the balance sheets. The problem becomes s is just how much debt has been incurred in more recent years to keep the game going? That's number one. And so there's a healthy skepticism in the market place about this model,. But we now know as she has begun to tighten his control politically. He's gone after thetec giants, and they've suffered as well. i think that's the thing that ever grant has brought back to the fore, just how dependent china is on investmento