Jeroen Blokland on LinkedIn: #demographics #china #debt
The ’Great Catching Up’ has come to an end, at least in recent years. Surely, #demographics and ‘China will get old before it gets rich,’ together with…

"The "Great Catching Up" has come to an end, at least in recent years.
Surely, #demographics and "China will get old before it gets rich," together with currency swings, are at play here.
But another crucial factor is that #China is less capable of throwing massive amounts of #debt at its economic woes than in the past.
The growing issue of debt sustainability is a global phenomenon!"