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Comments by "" (@badluck5647) on "Is China Much Richer Than We Thought?" video.
PPP is also be more easily manipulated by debt than nominal, and China levels of bad corporate and public debt is eyewatering.
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A lack of transparency, no rule of law protections, and a political system that swings the economy based on the autocrat's whims is a scary place to invest in.
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@luohao2321 What are you talking about? To be publicly traded on the stock market as an American company, you have to open your books to the public and get your company audited by a third party. Meanwhile, China makes financial details of their companies classified by the state.
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