What baybal2 writes, he could have written 10 years ago, heck even 20 years ago. And it would a common view on the state of Chinese economy. Yet through this period China has grown 5-10% pa.
"A sign of things soon to come, I believe." it says.
Nah. The debt will be restructured in some backroom deal. Maybe the central bank lending rates will be lowered a bit. And in ten years the GDP per person in China will have doubled again and all those high rise buildings will be full with people.
