"Over the past 12 months, China added more domestic credit than in 2009, when authorities engineered one of the greatest bouts of stimulus spending in history to rescue the economy as exports wilted during the global financial crisis," writes Andrew Browne. "The multiyear boom surpasses even America’s excesses in the run-up to that crisis, and the biggest question hanging over the economy is how it will end. Because end it must."
Opinion: China has essentially abandoned the pretense of its ‘peaceful rise’ with its behavior in the South China Sea
"China sees its dominance as crucial because of its own development needs," writes Frank Ching. "It wants the resources in the waters as well as under the seabed."
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Jan 20, 2017