Book notes: China’s Great Wall of Debt, by Dinny McMahon
Dinny McMahon, China’s Great Wall of Debt, Little, Brown, 2018, 288 pages
Chinese economic data is the ultimate Rorschach test. Presented to one group of analysts – especially those who like to do their forecasting with the nearest available straight-edged implement – China is set to overtake the US as the world’s largest economy at some point in the next decade. The economic miracle that has seen the country transformed from a predominately agrarian society into the world’s manufacturing
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