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Kelly Evans: Why China is turning into a liability for American companies

hist78

hist78

Well-known member
"One major warning about doing so comes from China Beige Book and AEI analyst Derek Scissors. China is not "suddenly" doing poorly, he wrote last month; its economy "has been off course for at least 14 years and continues to slowly grind to a halt." In short, "Policy is stagnant, the debt burden is rising, and demographics are starting to bite," he wrote, adding that there is little hope that government stimulus can overcome that."

www.cnbc.com

Kelly Evans: Why China is turning into a liability for American companies

CNBC's Kelly Evans explains how many American companies are suddenly facing a liability in China, after years of growth and ballooning potential.
www.cnbc.com www.cnbc.com
 
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