According to this Newsweek article, the warnings are all written on the wall in respect of China’s unsustainable asset bubble, with imbalances even worse than those experienced in pre-bust Japan in the 1980s. It also gives a succinct analysis of how a probable US meltdown caused by the current credit crunch could trigger the inevitable implosion of Chin…
The Writing on the Wall
Keep reading with a 7-day free trial
Subscribe to Asia Sentinel to keep reading this post and get 7 days of free access to the full post archives.