China Economy In Death Spiral
China’s economy is in a death spiral and many are comparing it to Japan’s collapse in the 1990s.
Chris Chappell says that comparison makes sense, except that China’s collapse is looking much worse. In this episode of China Uncensored, he details how China’s financial woes are similar to Japan’s in the 1990s, how it got to where it is and what the Chinese Communist Party is doing about it.