First C hina in Crisis than USA-Larry Ballard

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First C hina in Crisis than USA-Larry Ballard
C hina is in the midst of a profound economic crisis. Growth rates are flagging as an unsustainable mountain of debt piles up; China's debt-to-GDP ratio reached a record 288% in 2023. Not to mention at least 48 million homes in China have been sold before construction has been completed, suggesting the country’s property crisis won’t be resolved anytime soon, according to a report from Bloomberg Intelligence.
LarryBallard.com