trillions of debt in Zombie companies
Debt-laden 'zombie' firms threaten China's economy - Oct. 19, 2014
not sure what China is going to do with millions of layed of Chinese workers from the coal and steel field
http://www.nytimes.com/2015/12/17/world/asia/china-coal-mining-economy.html?_r=0
you already got a imbalance of males to females, young males without jobs could threaten the government.
Chinese Men Outnumber Women by 33 Million After Decades of Gender Bias
Not sure what China is going to do with millions of layed of Chinese workers from the coal and steel field?? Don't worry. Chinese and China government have gone through the similar situation back to 90s. At that time China government deepened the economic reform in order to join WTO, closed down many government-owned enterprises and laid off millions workers. Of course it was painful, but Chinese and China government overcame it
you already got a imbalance of males to females, young males without jobs could threaten the government?
--------If you know a little about Chinese history, you will find out that only the starving farmers could threaten the government. That's the reason that considering the farmers as the nation's base is one of the most important policies since CPC's establishment.
Chinese society has spontaneously responded against the imbalance of males to females. For instance, Chinese parents found that they need prepare more and more stuff for their sons to marry a girl. That makes a lot of Chinese parents reconsider, accept or even prefer a girl.
BTW The percentage of white in US will be reduced to be less than 50% on around 2050. I think the structural issue of US population is more serious than China
Debt levels cast cloud over march of China Inc - FT.com
It's not like I am saying the U.S and the rest of the world isn't sinking as well.
we'll know by July if the predictions are correct
Similar as Japan, majority of the current debt in China is owned by Chinese banks and government-owned enterprises, not by foreign investors. It is not difficult for China government to solve the debt issue. They can simply QE and order the government-owned enterprises to eliminate the debts.
. Lets see who wins.
