The reward for China is long-term access to cheap commodities.
The worst plunge in its history after years of phenomenal growth.
Further dislodging the dollar from its dominance. At a price, for Argentina and Russia.
The incredibly ballooning balance sheet that no one can match (in one chart).
Once soaring revenues in the world’s largest gambling hub are plunging faster than during the financial crisis. This indicator of the Chinese economy is flashing red.
China has overinvested in everything and built entire ghost cities. India has underinvested in everything.
Instead of a global recovery, a sudden, broad slowdown – with a plunge in China.
These new trade pacts contain little related to trade. So what are they really about?
The slowing economy is only part of the reason.
China’s vast shale gas reserves may never get developed because of one major obstacle: water.