China's Fictitious Economy and Real Economy Are Seriously Out of Balance
China’s Fictitious Economy and Real Economy Are Seriously Out of Balance Commentary China’s economy has gone beyond a reasonable balance between a real economy and a fictitious economy. As Sinopec Chairman Fu Chengyu once said, China’s finance is not going toward a fictitious economy but becoming one. Consequently, it has greatly hindered the sustainable long-term development of China’s economy. Selling 2 Real Estates to Secure a Public Shell Company To discuss how China’s economy has gone from real to fictitious, let us first look at an example. In 2016, Beijing-listed company ST ...
Source: theepochtimes.com