Emerging markets

Beijing’s Three Options: Unemployment, Debt, or Wealth Transfers

81
September 05, 2018

China’s debt problems have emerged so much more rapidly and severely this year than in the past that a growing number of analysts believe that this may be the year that China’s economy breaks. There is no question that China will have a difficult adjustment, but it is likely to take the form of a long process rather than a sudden crisis.

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