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It's not a war, just a markedly more contentious relationship than we had 10 years ago. China's encroachment on international shipping lanes in the S. Pacific
by rch 10y ago
It's not a war, just a markedly more contentious relationship than we had 10 years ago.
China's encroachment on international shipping lanes in the S. Pacific is certainly a visible symptom, but the debt to GDP trend (250% and growing [-]) is probably more significant. There's tension brewing in currency markets, trade, FDI policy, etc.
- https://www.theguardian.com/business/2016/jun/16/chinas-debt-is-250-of-gdp-and-could-be-fatal-says-government-expert https://www.theguardian.com/business/2016/jun/16/chinas-debt...