Washington Post (January 14)
2016/ 01/ 16 by jd in Global News
“The China bubble has burst,” but the nation’s trajectory remains unclear. “The worst outcome—a doomsday scenario—would have China fostering worldwide deflation. Its growth would continue to deteriorate sharply, extending the decline in commodity prices and the weakness of global trade. Around the world, there would be more production cuts, layoffs and bankruptcies.”
Tags: Bankruptcies, Bubble, Burst, China, Commodity prices, Deflation, Doomsday, Global trade, Layoffs, Outcome, Production cuts, Unclear, Worst
