Thursday, March 28, 2024

China Balance of Payments Deficit Risks Currency and Asset Crash

China’s falling savings rate coupled with increasing government directed investment rate threatens a balance of payments crisis that could crash currency and asset values. China became the “factory to the world” and built incredible infrastructure over the last three decades based on the strength of individual savers who remembered the hard times of the Great […]

The post China Balance of Payments Deficit Risks Currency and Asset Crash appeared first on Thailand – China.

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