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Publisher: Neutrality Studies
2024-11-07Chinas BIGGEST Debt Problem Is Local
(00:01) China’s debt problem is largely local. While the central government’s debt is only about 21% of GDP, local governments account for over 50%, including substantial hidden debt. That brings local debt close to 90% of GDP, which is problema...(00:01) China’s debt problem is largely local. While the central government’s debt is only about 21% of GDP, local governments account for over 50%, including substantial hidden debt. That brings local debt close to 90% of GDP, which is problema... -
Publisher: Geopolitical Economy Report
2024-07-16How can China be socialist if it has a stock market Understanding the Chinese economy
China describes its system as a "socialist market economy". How does that work? What is the role of its stock exchanges? Ben Norton explains Socialism with Chinese Characteristics. (00:01) China is very misunderstood now one of the main reasons fo...China describes its system as a "socialist market economy". How does that work? What is the role of its stock exchanges? Ben Norton explains Socialism with Chinese Characteristics. (00:01) China is very misunderstood now one of the main reasons fo...
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