Clash of Empires w/ Ho-fung Hung
The Dig
00:00
Is China Going to Wat Crisis?
China's crisis is more comparable to the long, bluwing, slow dowging crisis in japan since the 19 nineties. The government has been scratching its head trying to find a way out of this over-the-top production crisis. But china won't get close to this 19 97 asian financial quises. It will be more like japan. That is, the debth continue to accumulate and han the economy become less energetic, less momentum of growth.
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