Tag: state-owned enterprises

Written by lookingbeyondborders

Riding The Tiger Of Debt And Bubbles

China is a good example of how an activist monetary policy can ferment bubbles, ruin the health of a financial system, economic reforms and, eventually, economic growth. Since 2004, China has run a gigantic monetary bubble that has corrupted virtually every corner of the economy. Read Here – South China Morning Post

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Written by lookingbeyondborders

China Has No Good Plan to Deal With Its Achilles Heel

Beijing has yet to put together a credible response as to what should be done with zombie companies, the huge swath of unprofitable state-owned enterprises surviving on the good will of the Chinese government. Until it does, private companies in the world’s second-largest economy will continue to fight an uphill battle for growth, and China’s reform efforts will […]

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