- China’s long term outlook is very positive and its debt is not worrying.
- However, due to the nature of economic cycles, we have to expect and prepare for potential trouble coming from China.
- When trouble will happen is anybody’s guess as many have called negative scenarios several times, but those have so far failed to materialize.
Where China Is Now & Where It Is Going
China is the growth motor of the global economy. It consumes about half of the global produced copper and produces half of the global steel output. This is due to the incredible GDP growth China has achieved in the last 25 years, which has averaged 9% per year. More →