Everyone is talking about China right now as its GDP is nearing that of Japan, and could become the second largest in the world. But is it sustainable? I read a great analogy of the Mayfly. The Mayfly is a species of inset that goes from egg to death sometimes in as little as 30 minutes, and never more than a day. Is there a chance that China’s economy could have a boom-and-bust similar to the Mayfly? Watch this video, an interview with a STRATFOR analyst, to find out why this may be true:
Is China As Strong As We Think?
Some experts are concerned that China's economy is unsustainable. Without the Chinese government subsidizing many Chinese companies, they would not be profitable right now. Will they go from boom to bust? Watch this video to learn more.
