Expert insights, analysis and smart data help you cut through the noise to spot trends, risks and opportunities.Try full digital access and see why over 1 million readers subscribe to the FT.
Expert insights, analysis and smart data help you cut through the noise to spot trends, risks and opportunities.Try full digital access and see why over 1 million readers subscribe to the FTThe World Bank puts China’s gross domestic savings at US$48 trillion (Current LCU) in 2020, to which household savings contributed US$7 trillion. If one only considers new housing to be built in the Greater Bay Area & Hong Kong, I guess China can manage this slow motion crisis.
Whole world is on the same track!
Predicting Chinese financial crises is always viewed through the prism of the west, with their free and open markets. The Chinese government has involvement in almost every industry and major business in China, and can apply the accelerator or the breaks as it sees fit.