Politics China's Economy and Politics

How long do you think it will take until this crisis is overcome?

I think the real question is: How long will it take to digest the debt? This is not a situation where you can simply digest the debt through growth because growth has been created by debt – and there isn’t any sort of organic growth within the economy.

 
China took a significant step this Saturday in strengthening its energy leadership with the acquisition of exploration rights for several oil and gas fields in Iraq.
 
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Era of Mao ....
 
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