skip to main content
7 posts tagged with debt and China. (View popular tags)
Displaying 1 through 7 of 7. Subscribe:
There is this perception that the only China skeptics are foreigners. Let me tell you that is completely wrong. The debate within China is much more interesting and much more ferocious than the debate outside of China about problems with the growth model.
Michael Pettis is a professor at Peking University's Guanghua School of Management, where he specializes in Chinese financial markets. Here
he talks about China's economic prospects.
posted by storybored
on Oct 30, 2011 -
25 comments
Special report: China's debt pileup raises risk of hard landing. 'When China announced a nearly $600 billion package to ward off the 2008 global financial crisis, city planners across the country happily embarked on a frenzy of infrastructure projects, some of them of arguable need.' 'Barclays Capital has predicted a global recession would trigger a "hard landing" in China, with gross domestic product sinking well below the 8 percent mark seen as the minimum for assuring enough job creation to keep up with urban migration. A severe economic slump would depress land sales, a vital source of funding for local governments, and make their debt load even more precarious.'
[more inside]
posted by VikingSword
on Oct 10, 2011 -
13 comments
Page:
1
