Massive bubbles have formed in
different sectors in China and it has become very clear to those inside
and outside the country. Corporate debt in China has actually surpassed
the king of debt, the U.S! It's also evident that bubbles in the real
estate sector have gone beyond the point of a soft landing and are now
in trouble.
The government will have to step in with a stimulus package to keep the economy moving.
The government will have to step in with a stimulus package to keep the economy moving.
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