The Chinese Communist Bubble
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According to the official data, China’s GDP has tripled since 2000, with annual growth rates ranging from 8 to 13 percent, reaching a level of $4.9 trillion in 2009. While some investors are reluctant to believe those numbers, one thing is for sure: China produced and saved while America consumed and borrowed. In 2009, the […]
According to the official data, China’s GDP has tripled since 2000, with annual growth rates ranging from 8 to 13 percent, reaching a level of $4.9 trillion in 2009. While some investors are reluctant to believe those numbers, one thing is for sure: China produced and saved while America consumed and borrowed. In 2009, the […]
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