China’s Economy Is Weaker Than You Think

China’s Economy Is Weaker Than You Think

Drummers perform during the Beijing Olympics Opening Ceremony, 2008. (Photo by Jeff Gross/Getty Images.)“If you want to strike China on the cheek, China will strike you back.” So declared Victor Gao, a lawyer and vocal supporter of China’s ruling Communist Party, in a recent debate with former U.S. State Department official Elliott Abrams. The two were sparring on a Saudi news network, but Gao’s remarks were quoted approvingly in the China Daily…

China Is Hardly the Economic Juggernaut That Many Western Analysts Believe

In China, the lack of internal consumption becomes a massive problem. Here we show a detailed analysis. The post domestic economy in the dead end: China saves on poor first on financemarktwelt.de.