The high odds of a Chinese black swan
No one believes Beijing’s autocrats can intervene, manipulate or lie on the scale required to shore up the entire tottering $20 trillion economic colossus
No one believes Beijing’s autocrats can intervene, manipulate or lie on the scale required to shore up the entire tottering $20 trillion economic colossus
The slower the workforce grows, the faster wages will rise
Expect more Evergrandes from China’s command economy