Jul 28

Why China Will End Up Like Japan (ZeroHedge, July 27, 2015):

Just as Japan thought they could go back to pre-Plaza Accord growth rates by holding on to the old ways in the 1990s, the Chinese will expect the growth miracle to return in 2016 with the “right” policies. It will not. It is all a mirage though. Just as in Japan, the Chinese will not allow the market process to do its magic to get the economy back on a stable footing. Draconian measures to stop the recent stock market rout are a clear testimony of that. In other words, the Chinese economy will resemble that of Japan, and it will do so very soon, if it is not already there.  China is heading straight into a zero growth environment, and will be mired there for years to come.

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One Response to “Why China Will End Up Like Japan”

  1. Marilyn Gjerdrum Says:

    Only if greedy guts can profit………….that is all they care about. The truth about any of the world markets is irrelevant to them.

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