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Anthony Costello

@globalhlthtwit

Doctor, Speaker, The Social Edge. Ex-Director, WHO. Professor UCL. Chair, Lancet Climate Countdown. Advisor @cap2030org
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calendar_today18-10-2009 20:35:07

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Anthony Costello
@globalhlthtwit

4 months ago

China is heading into deflation which plagued Japan for the past 35 years. At debt levels of 340% of GDP (almost as high as the USA) and a property slump it will be difficult for China to escape, with big effects on the world economy.

China is heading into deflation which plagued Japan for the past 35 years. At debt levels of 340% of GDP (almost as high as the USA) and a property slump it will be difficult for China to escape, with big effects on the world economy.
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