'I think we should all be concerned about Taiwan'
- Nomura Research economist Richard Koo warns of China's risky economic policies.
- China's interest rate below 2% indicates serious economic problems, such as a balance sheet recession.
- If China fails to stimulate consumption internally, political pressure will arise that could draw attention to Taiwan.
If China plays its game smart, it could become the world’s most important market, making everyone listen to Beijing. But for now, it seems to lack the courage, which could ultimately be bad news for Taiwan, says economist Richard Koo.
fd.nl
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