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This is what all the China fear mongers don't get. China has in reality zero external debt when you consider their real, income-producing over seas investment.
by dnomad 8y ago
This is what all the China fear mongers don't get. China has in reality zero external debt when you consider their real, income-producing over seas investment. China's extraordinary growth is not being financed by overseas investors. (Just the opposite, China itself is aggressively investing over seas.) All of this is being financed by the Chinese people themselves. No other country in the world had been able to so successfully boot strap their own economy with so little help.