The Tricky Challenge of Understanding China’s Economy
Over the last two years, commentators and Chinese economic observers have expressed concern over “excessive” credit growth in China, which also led to downgrades of China’s ratings and warnings by some financial institutions. Standard and Poor’s downgraded China’s sovereign credit rating last year...
Over the last two years, commentators and Chinese economic observers have expressed concern over “excessive” credit growth in China, which also led to downgrades of China’s ratings and warnings by some financial institutions. Standard and Poor’s downgraded China’s sovereign credit rating last year...
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