China's debt on a 'dangerous trajectory': IMF

AFP NewsAugust 15, 2017

ricky l

8 seconds ago

Statistics don't lies.

It is an indication of alerts - and China should react to it.

In this era of close economic integration, something happen to one Country - will have a domino effect on the Global economy.

There is a need for China to taper down its debt-driven economy and refocus on consumption driven economy to reduce debt.

There should also be more import and export driven growth - so as to rely less on debt-driven growth.

ricky l

4 seconds ago

To facilitate trade and encourage consumption to fuel Economic Growth - there is a need to ensure a positive, conducive climate of peace, friendliness with other Countries in the World.

Only then, it will be successful to transform a debt-driven economic growth to a consumption driven and trade driven growth.

The following principles will help to achieve the above Economic goals and Economic benefits :-
"Friends with all, adversaries to none.
Forge mutual benefits and win-win outcome.
Protecting our National Interests while accomodating the interests of others without compromising ours."