Mr. Shan's report states China's debt to gdp ratio is at 110%. not everyone agrees with that number.
An alternative analysis arrives at the conclusion that China's total debt to gdp is at similiar levels to the US. however what is different between the two countries is that, the household dept receives a smaller portion of the pie and the amt of debt it carries vs income received is at an unstainable level, much like where the US was at pre GFC.
Folks who've invested there for years, like Ray Dalio, cannot explain its attraction as frankly as they might wish.
It's the most predictable economy on earth, for one thing. You know what GDP will be in 2030 and you know what share of that (58%) will go to wages then.
Read the current 5 Year Plan and you'll know all you need to know about the near future.
The cops are unarmed. Their government has never, to my knowledge, lied or broken a promise.
Mr. Shan's report states China's debt to gdp ratio is at 110%. not everyone agrees with that number.
An alternative analysis arrives at the conclusion that China's total debt to gdp is at similiar levels to the US. however what is different between the two countries is that, the household dept receives a smaller portion of the pie and the amt of debt it carries vs income received is at an unstainable level, much like where the US was at pre GFC.
https://mp.weixin.qq.com/s/mJVyT_Nz937etjYE0T_EUQ
Yeah, that's a very good article! We also translated that a few weeks ago https://www.baiguan.news/p/comprehensive-comparison-of-china
come to think of it, that might have been what led me to the article. think it's a fair assessment.
Folks who've invested there for years, like Ray Dalio, cannot explain its attraction as frankly as they might wish.
It's the most predictable economy on earth, for one thing. You know what GDP will be in 2030 and you know what share of that (58%) will go to wages then.
Read the current 5 Year Plan and you'll know all you need to know about the near future.
The cops are unarmed. Their government has never, to my knowledge, lied or broken a promise.
How many investment signals do we need?