China, once an unstoppable economic powerhouse, has hit a wall

Summary

KEY POINTS:

1. China generated spectacular GDP growth, with a nine percent compound annual growth rate over 40 years.
2. Chinese urbanization led to an unsustainable boom in infrastructure and mounting debt.
3. That debt is one of four destructive forces now jeopardizing the country’s economic stability.

References

• Media Check: The Hill - Media Bias Fact Check (High Credibility)
• Collections | The Runway (airforce.gov.au)
• ADDITIONAL READING RAAF RUNWAY (PME)
• RAAF RUNWAY: RATIONALE, GUIDELINES, LEARNING OUTCOMES, ETC.