In first half of 2020, Chinese households accumulated more new debt than all of advanced economies put together. And no! This was not for consumption. Plowed into real estate, amplifying Beijing’s worry about inflated real estate market.
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RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…