The comparison to Soviet Union is problematic but definitely more relevant than US investment scenarios that you highlighted.
The US scenario you highlighted would be more comparable to Chinese investment in the last 25 years, no?
The clear difference between Soviet Union and China is that China has a growing and robust economy, with a firm grip on the situation whereas the Soviet Union was aching away on so many lies.
Chinese fabricated financials can be papered over with any kind of magic the state wants to apply to it - so long as the economy continues to move forward the numbers will say anything they want them to say.
The articles comparison may be overblown but it's not without reason.
I believe that the China boom has mostly been had, and we're going to see lower growth from here on in; that said, it'll be consistent and positive and they aren't going to disappear as a superpower.
The US scenario you highlighted would be more comparable to Chinese investment in the last 25 years, no?
The clear difference between Soviet Union and China is that China has a growing and robust economy, with a firm grip on the situation whereas the Soviet Union was aching away on so many lies.
Chinese fabricated financials can be papered over with any kind of magic the state wants to apply to it - so long as the economy continues to move forward the numbers will say anything they want them to say.
The articles comparison may be overblown but it's not without reason.
I believe that the China boom has mostly been had, and we're going to see lower growth from here on in; that said, it'll be consistent and positive and they aren't going to disappear as a superpower.