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As a bit of an aside, Gordon Chang is a frequent commentator on China-related topics. He famously speculated in a book that he wrote in 2001[1] that China woul
by zht 14y ago
As a bit of an aside, Gordon Chang is a frequent commentator on China-related topics.
He famously speculated in a book that he wrote in 2001[1] that China would collapse in 2006 due to hidden and non-performing loans of the state banks.
[1] http://www.amazon.com/Coming-Collapse-China-Gordon-Chang/dp/0812977564 http://www.amazon.com/Coming-Collapse-China-Gordon-Chang/dp/...
- kyllo 14y agoI think he was only wrong about the "when" and not the "if" of that one. China is in an out-of-control real estate bubble that when it pops, will likely lead to open revolt.