China’s “Volker moment” to destroy iron ore

Why is China suddenly seeking to share prosperity? This chart has something to do with it:

If you want to rebalance your economy from investment-led crony capitalism and an increasingly risky export dependency to consumption then you’re going to need strong households, not the above.

There are 1222 words left in this subscriber-only article.

Start your free 14-day trial today!

Comments are hidden for Membership Subscribers only.