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The Financial Post reports there are signs that China’s stupendous debt-fueled boom is cooling, posing new risks for global growth and markets.
The Financial Post reports there are signs that China’s stupendous debt-fueled boom is cooling, posing new risks for global growth and markets.
The editorial is quoted as saying,
The slowdown is almost as striking as the still heady heights of the growth. That money powered investment across China into infrastructure, industrial production and real estate, sucking as it did tremendous amounts of raw materials and industrial goods from elsewhere in the world.
For the complete editorial, click here.