I guess when you are ‘boosting’ your economy at all cost (cough cough senseless monetary stimulus and irresponsible fiscal packages), printing and loading up debt at near 0 rates will eventually lead to this situation.
To handle the mounting debt and interest payments, you have to broaden and increase your existing revenue streams. For a start, you can ask your allies for help!!!
#2 What else is China not buying?
From AMC to GE Appliance Business, China is scooping up everything within their sight provided that the local government/regulatory entity does not step in to stop the takeover. The next generation will be talking about “Owned by China” rather than “Made in China“.
https://www.cnbc.com/2017/05/11/10-iconic-american-companies-owned-by-chinese-investors.html
#3 Will the US and China reconcile their differences for the sake of the economies?
A couple of weeks ago,
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