levin70

How Is China's Export Driven Economy Booming?

John

And wht happends when all those non-performing loans come due in china? What recognition is there then? Will the central planners allow the Peoples banc to fail? Is it too big to fail in China? And where did all that loan money go? Into real estate? Into the shanghai market? Reminiscint of Japan isn't in 1988 isn't it. What happends when those markets tank and the collateral behind those loans disappears?

And how exactly is china growing at 8% when exports which account for 60% are down 23% yoy? No, china doesn't cook their books, of course not

Please try harder