Why You Should Be Worried About China's Debt Crisis
Economics Explained
China's Debt Field Growth Is Coming Due
Exports are at their highest level in history, after suffering an understandable dip during early 20 ney. But these impressive export figures are mainly due to the price growth of commodities rather than genuine growth in productive potential. Port and factory closures across the nation have slowed down the workshop of the world. And heightened trade tensions have certainly not helped the situation. Unemployment is high, e amongst young workers, even by the very creative reporting standards of the government. What work does exist is becoming harder and less rewarding when everything is on the up and up. This might just be another piece of straw on the camel's back, but it's one that the government is seemingly quite concerned about. China is still
