China’s economy is freakishly unbalanced. Investment (Gross Fixed Capital Formation) makes up 44% of China’s GDP, whereas Household Consumption makes up only 38% of GDP.
Richard Duncan
Recent Posts by Richard Duncan
China’s economic growth engine is fuelled by extraordinarily large amounts of credit. In 2015, it took RMB 15.4 trillion (US$2.4 trillion) of credit growth to
I recently had a great, wide-ranging conversation with Cris Sheridan of Financial Sense Newshour. We began with the economic crisis in China and moved on
Chinese Investment increased 50-fold between 1990 and 2014. Investment (i.e. Gross Fixed Capital Formation or GFCF) in China grew from US$92 billion in 1990 to
I highly recommend you listen to this free MacroVoices podcast. It explains the real origins of our global economic crisis. It also describes how the