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China’s stumbling economy finds a steady perch atop a familiar structure of credit and infrastructure spending that increases the risk of a property bubble and financial crisis

1 month ago
Amedeo Tumolillo
n the face of an economic slowdown, China flooded its economy with credit and ramped up infrastructure projects, but the maneuvers come with the risk of creating a property bubble and a debt-fueled financial crisis. “For the very short-term, we can be mildly optimistic about China,” said an economist. “But all these structural issues haven’t gone away, and the question is how keen are they to really shift the growth model.”
By Amedeo Tumolillo
Amedeo Tumolillo is the editor-in-chief of SupChina and award-winning multimedia journalist. He previously worked at The New York Times and Spectrum. Follow him on Twitter at @hellotumo.