• Problems In Communist Paradise...China Growth Slows To 29 Year Low In 2019 Despite Q4 Rebound

    January 17, 2020
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    Problems In Communist Paradise...China Growth Slows To 29 Year Low In 2019 Despite Q4 Rebound
    Economy Meal on Air China plane
    Image by MB-one

    With phase-one talks completed in October (and signed this week), tonight's Q4 GDP and December smorgasbord of data is being keenly watched by the market for any signs that China's massive credit stimulus has actually done any good at all.

    Ahead of tonight's key China data dump, State Grid, China's largest utility company, has warned the rate of economic growth in the country could plunge to 4% within the next four years, according to internal forecasts...

    To read more visit Zero Hedge.

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    CDM Staff

    The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."
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