Wolfstreet, Released on 10/17/21
What's left of the debt-fueled property speculation that drove growth is a huge explosive mess and an enormous amount of debt.
Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a large Ford dealership and its subsidiaries.
Chinese economy, Evergrande, financial crisis, Wolf Richter
Wolf Richter: China's Model of Dictated Economic Growth Blew Up added by Herman James on 10/17/2021View all posts by Herman James ?+'