Sugggesting that China has debt problems and that these are unsustainable is an absurd Westernised piece of MOPE imo trying to deflect the issue of unsustainable debt problems from where it belongs - with the number one title of Unsustainable Debt Problems belonging to the USA and its States imo.
China has massive trade surpluses NOT LIKE the USA which runs massive trade deficts and massive budget deficits and is a debtor nation to the world.
By the way, China has not been involved in a bankster encouraged sup prime real estate market bubble and subsequent bust. In China you can't buy properties with 100% borrowed money and then to top that off no income to boot!! In China there is around a 50% deposit required.
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- the usa's debt dwarfs china's debt ...
the usa's debt dwarfs china's debt ...
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