Don't know if they are bankrupt but
they have paper trillions of the US Dollar and EURO imo not worth a lot
not a lot of gold but trying to change this
a serious debt problem with local governments
high inflation
an export orientated industy which will collapse if the local currency appreciates
On the positive they work hard and save as individuals.
Contemplating myself to go to shanghai next year for a good job opp.
Cheap chinese T/A I hope
china is secretly bankrupt, page-27
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