Are you stupid?!
Ever heard about a global recession?
If you cannot post normal things, better leave it.
I agree with Global recession. But you must also acknowledge the Chinese Growth story .Which is based on Under Valued Currency , Infra Projects ,Exports.
China bears have pointed to a long list of disasters-in-the-making: questionable economic statistics, skyrocketing real-estate prices, ghost cities, corruption, pollution, civil unrest and growing debt.
Yet, despite all of these concerns, China's economic machine just keeps chugging along.
But this time it's going to be different!, says an analyst from Fitch. This time, China really is screwed.
According to Ambrose Evans-Pritchard of the Telegraph, Fitch analyst Charlene Chu has concluded that China's growth is fueled by a credit bubble that is unlike anything the modern world has ever seen. This debt bubble is leading to massive overbuilding, Chu says. And when it finally bursts, as debt bubbles always do, China will be looking at a Japan-style depression and deflation.
But Chu does cite some startling statistics, including the claim that China's debt-to-GDP ratio has quietly shot up to more than 200% and that each additional yuan borrowed is producing ever less growth.
If there's any hard law of finance, it's that what can't go on forever won't. And borrowing at this rate relative to economic growth can't go on forever.
That said, as always, the key question is "when does it end?"
At some point, China's economy will almost certainly go through the same sort of violent setbacks that every economy goes through, including the economy with which China's is compared--the U.S. economy.