Why Chinese Economic Problems Are the Tip of the Iceberg - John Manzella
In recent years, Chinese citizens have confused a rising stock market with a healthy one, and an economic system with a sustainable one. Today, many of the problems occurring in China are reflective of much bigger issues. Consequently, moving forward, China’s brand of one-party capitalism will incur inescapable difficulties. And because China is the world’s second-largest economy, what happens in China no longer stays in China...
