China has reached the end of its economic boom. What comes next should worry every American business — and the rest of the world.
China has reached the end of its economic boom. What comes next should worry every American business — and the rest of the world.
I feel like a lot of people were looking to see China to become the world’s largest economy soon, but it is becoming apparent that China’s economic growth is no longer sustainable.
We also don’t know what a Chinese recession is going to look like. We’re at the collapse of Bear Stearns point in what’s going on in China and it isn’t like China can pump its economy through infrastructure spending.