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RE: Is China's Economy Really Failing? - Let's Take Another Angle!
Hm interesting view. I agree with you that if China's economy collapses they might struggle short term but long term they will recover without problem.
I am not sure whether you should neglect all of the investments into Africa. I think Africa will be the next big economy in general since there is a lot of room for development. I guess only time will tell :)
Thank you for sharing your thoughts :)
You recon? Somehow I have my doubts. It does look like China had their moment and it's gone. They boosted economy mostly by creating huge amount of debt and growing GDP with housing/construction sector.
Now it does look like party is over. I'm not sure if China can recover (once they will fall into heavy correction) during our lifetime.
I don't neglect those investments. I just think that most African countries will turn their back on China sooner or later.
It is one thing to give other countries predatory loans and it's a different story when those loans need to be paid back.
Time will only show.
Cheers