Things don't look so good for China...
Will we see a Chinese financial meltdown in 2013? Or 2014? Or 2015? With global GDP growth on a definite trend downward, with such a tepid Western recovery, and with global geopolitical tensions still high, the last thing the global economy needs is a financial crisis at the heart of the BRIC growth engine.
But the data implies that that may just be what we get.
To those who believe that China is immune to such a thing, recall that...
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