In recent years, Chinese citizens have confused a rising stock market with a healthy one, and an economic system with a sustainable one.
Today, many of the problems occurring in China are reflective of much bigger issues.
Consequently, moving forward, China’s brand of one-party capitalism will incur inescapable difficulties.
And because China is the world’s second-largest economy, what happens in China no longer stays in China.
Stock market volatility
Outside of Chinese bank accounts, which… …read more