This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact The Epoch Times Reprints.
A recession is ‘hiding in plain sight,’ an investment consultancy firm says, as concerns grow over China’s dismal economic landscape.
Experts say Beijing isn’t waiting on rolling out a new significant stimulus package; it doesn’t have the money or fiscal space to do so. In addition, China’s economy will enter economic stagnation for 10 to 20 years at a growth rate between 0 to 2 percent.
The sale of New York’s landmark Waldorf Astoria Hotel to a Chinese insurance company raises security concerns.
