This analysis by two highly respected economists says that up to 46% of Chinese loans may be at risk of default. This, dear readers, is a gut-wrenching statistic.
This graphic is like a user-friendly x-ray image of Stalinist capitalism.
President Xi has a lot of work in front of him. He still has to reform the state-owned enterprises.
For classroom purposes, students, you may download the graphic by going to the Tom Orlick twitter address, below. His credentials are excellent. He is an authoritative source.
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Great Video: Mongols Versus Samurai
The Mongols Attack by Sea, Samurais on the beach. The Armada of War Junks built in Korea
Great Video: Khubilai Khan Invades Japan by Sea
Japanese Samurai Take to the Beach to Defend Against the Landing of the Fleet of War Junks of the "Northern Barbarians."
Great Video: The Mongol Invasion of Medieval Russia
In a brilliant campaign headquartered in a vast camp in the steppes, Batu Khan attacks Kiev and burns the Church of the Virgin to the Ground. He defeats the Russian princes and becomes the Khan of All the Russias.