BEIJING: True, China’s economic system is riddled with many of the problems that trouble its neighbors – countless bad loans by state banks, government manipulation of financial markets, real estate bubbles. Some of these may be even more serious in China than elsewhere. Yet, so far, China seems immunized from the fate of its neighbors.
BEIJING: True, China’s economic system is riddled with many of the problems that trouble its neighbors – countless bad loans by state banks, government manipulation of financial markets, real estate bubbles. Some of these may be even more serious in China than elsewhere. Yet, so far, China seems immunized from the fate of its neighbors.