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D W
Behind Asia
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Comments by "D W" (@DW-op7ly) on "The Philippines China Problem" video.
China debt is mostly internal debt. That can be swept under the table like they did in the 1997 Asian Financial crises. If they wanted to open up their economy they would add 20 to 30 trillion to Global GDP But they are on a common prosperity push. If they can't make the poor richer then they will make the rich poorer
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@chlim9478 then you assume wrong... They are the number 2 economy in the world...and most of SE Asian economies are dependent on the Chinese and their companies as are their economies dependent on the Chinese economy so even if the Philippines thinks they are isolated they are not
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