In response to a slowing economy, China is gearing up for substantial fiscal and monetary measures. Expect a surge of new liquidity as the country’s leadership pledges stronger support for economic growth. The Communist Party’s Politburo emphasized the need for economic stability and announced plans for counter-cyclical adjustments and fresh initiatives, according to state news agency Xinhua.
The Chinese bond market has been treacherous for years and, due to the continuous fall in interest rates, indicates that the country is in a demographic and debt-related deflationary spiral. Since China also runs on the foundation of the Keynesian debt policy, it can be assumed that increasingly drastic measures will be taken in an attempt to expand the existing fiat money system in order to get back on a sustainable growth path.
The China miracle is dead.
They will need another miracle for what is coming if they continue on the same path.
Europe is entering a phase of radical changer sooner than these people might think.
that's what happens when a few crazy communists believe they have to rule within their five-year plan, even within people's underpants
Is their debt really stable?
Soon their currency should take a dive, right?
They gonna have to sell USD and Euro Bonds!
Their currency is on the edge.
Soon it might collapse.
Oh yes.
Thats along the lines I was thinking.
If the dollar and yen are tumbling, yuan is next.
China debt is too high I didn't expect that
It'll be out of control soon when You think of the demografic desaster