The size of what is owed could reach up to $3.2 trillion or $1.6 trillion at best. These figures are equivalent to between 20 percent to 40 percent of the country’s GDP.
China’s PMI: reading between the lines
BEIJING | The question on whether China’s economy is expanding or contracting is like answering whether the glass is half full or half empty. The positive official reading signals that there’s no need to worry. With its PMI index calculated after a sample of more than 800 big (and state-owned) companies, PMI is on the rise [...]
