xenopath

Exactly, just yesterday a China central Bank official just gave hints of bankruptcy https://www.bloomberg.com/news/articles/2017-12-25/pboc-offi...

and a few months back, the China central bank chief warned about the rapid growth of debt https://www.cnbc.com/2017/10/23/china-central-bank-chief-new...

>It means more Chinese entering the middle class, buying American goods

China urban household's per income isn't that much better....at $4500 dollar/year or around $375 dollar/month. https://www.realclearworld.com/articles/2016/09/16/china_is_

> China has 1 billion MORE people than the US and yet the GDP of the US is still 165% of China's That's because the rural population - 800M - only makes about $4/day, or $1400 a year....crippling poor. https://www.realclearworld.com/articles/2016/09/16/china_is_ .... Whenever my clients say they want to expand to China because they have 1.3 billion people! I laugh.