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Monday, September 15, 2014

Ambrose Evans-Pritchard — China's leaders refuse to blink as economy slows drastically

Premier Li Keqiang is determined to drive through deep reforms and wean the economy off exorbitant levels of debt before the damage becomes irreversible
Rebalancing. 

2 comments:

  1. All part of the American's hegemonic plan. The Chinese sent their kids to American universities, we taught them how to be crackpot economists! Part of the propaganda war and disinformation??? Maybe it was planned, all along by the neoliberals. hmm.

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  2. Possibly a good idea. If current rates of demand and growth are sustained by exhorbitant private sector debt, then they are unsustainable and a source of systemic risk.

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