Trade War Is Hiding China’s Big Problems
The ongoing US-China trade war is a distraction from China’s big problems: the blowing of multiple bubbles and the country’s soaring debt, which will eventually kill economic growth.
It happened in Japan in the 1980s. And it’s happening
in China nowadays.The trade war is one of China’s problem that dominates social media these days. It’s blamed for the slow-down in the country’s economic…