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© 2019 AFPBusinesses struggle as cracks appear in China's economy
By Ryan McMorrow BEIJING©2024 GPlusMedia Inc.
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© 2019 AFP
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ThePBot
This is what happens when you lend, borrow, and spend. It maybe increase growth, in number, but also debt, in actuality. Trying to tackle that debt means more lending, and the whole thing reverses.
Generally, however, if a company can't survive without being funded by debt they can't repay, then they should go bankrupt. Government need to stop bailing out private corporations.
Kenji Fujimori
Big trouble in little China
yoshisan88
No, he does. The trade war between China and USA definately play a part. It may not be a big part but it does have some impacts. It is true though the Chinese goverment will blame him for all the bad things happen.
Andrew Crisp
The Japanese economy has been trading sideways since the great property crash in the early 1990's, China is gonna be a different case they whole empty cities, massive debt, economy that relies on exports, tariff's being introduced on their products and a Chinese population that have seen trouble on the horizon and have started saving even more taking even more money out of the economy.
ThePBot
I meant, "Trying to tackle that debt means no more lending and the whole thing reverses."
yoshisan88
Very funny, mate. That movie is a classic.
Magnus Roe
Scapegoat? They won't credit any American with torpedoing their economy obviously, especially as this was kind of the entire idea behind the tariffs.
Insane Wayne
The BIG question is who falls first Japan or China. They are both in the same boat.