Publication of article on China by Hubert Fromlet in Economic & Financial Review by the EEFC at the University of London
Postat den 9th October, 2025, 10:18 av Hubert Fromlet
Abstract: This study traces the transformation of China over the years. It examines the country’s high debt position which is in all sectors including central government, local governments, corporates and private households which according to the IMF totals 80 percent of GDP. Local debt conditions continue to deteriorate for different reasons – particularly as a consequence of the ongoing real estate crisis but also due to the weakening economic growth potential. The author also highlights the role of BRICS II as an organisation ready for increasing Chinese influence. The study concludes China’s real estate crisis may be much more serious than usually understood by most Western analysts.
Hubert Fromlet
Affiliate Professor at the School of Business and Economics, Linnaeus University
Det här inlägget postades den October 9th, 2025, 10:18 och fylls under China Emerging markets, generally General