No. of Recommendations: 2
China will no longer carry the world on its shoulders

Someone thinks China's been carrying the world?

They've run a determined and persistent current account deficit. That means actually the world's been forced to carry China's economy.

I'd agree this is unlikely to carry on. China is losing export markets at the same time as they find they've got a massive overpriced property glut.

I'm very long AUS bonds, waiting quietly for the demand implosion. Not long now.
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