July 18, 2014
China vs. Japan Debt Capacity; Impact of Debt on Chinese Growth; Chinese Recovery On Paper
First, please consider the New York Times article Chinese Recovery On Paper . The National Bureau of Statistics in Beijing announced on Wednesday that economic growth climbed 7.5 percent in the second quarter, compared with a year earlier. But independent surveys of businesses across China show that in sector after sector, sales and confidence are still deteriorating.“All of them are pointing in the opposite direction from this supposed G.D.P
