Kevin Hebner from TD Epoch say China’s debt burden especially in the real estate sector poses a serious challenge to policymakers in Beijing.
China today is very similar to Japan’s lost decade in the 1990s: Strategist
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The Japanese gov. is not like CCP, the situation is different
Yep, he just compared “no growth”, with 5.4% growth. I guess those are “rhyming”.
The difference is that China doesn’t need to stay in the USD system. It can print as long as they can get energy in RMB
Its not really the same..Whereas Japan corporates were paying off debt and not investing. Chinese companies are not paying off debt nor borrowing. In Japan most sectors had no growth, in China there are still pockets of growth..China state is more accurately described as overinvested – they just overdid it Real estate and infrastructure..Its more an indigestion than stagnation of Japan BUT eventually after the indigestion, will come stagnation.
Another Gordon Chang in the making