China’s Credit Engine Breaks Down – Zero Hedge

Level the playing field on tariffs with our enemies, and they collapse. The Chinese are less formidable than we thought – they can boom and get rich quick when the system is totally rigged in their favor in every way imaginable, but when it’s time to play by WTO rules, everything in the Chinese system collapses.

These people are economic lightweights – and can’t weather storms well.

https://www.zerohedge.com/news/2019-08-12/more-bad-news-out-beijing-chinas-credit-engine-breaks-down

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