There Goes The Credit Impulse: Why Chinese Consumption Is On The Verge Of Collapse

I think it’s a questions worth asking and trying to answer – what happens to the world economic system if China crashes?

Recently we discussed how in addition to the widely manipulated Chinese GDP data, new concerns had emerged about official data involving Chinese industrial profits, because while China’s National Bureau of Statistics has traditionally reported positive year-on-year growth rates in percentage terms, growth in absolute yuan terms has been negative .

Source: There Goes The Credit Impulse: Why Chinese Consumption Is On The Verge Of Collapse

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s