China’s Financial Collapse | Debt Bubble, $1T Fraud, Failing Banks

An influential piece titled “Growing like China” appeared in the American Economic Review in 2011. One of its authors, Zheng Song of the Chinese University of Hong Kong, made an effort to explain the nation’s unique pattern and pace of development. A number of publications, including “Innovating like China,” “Investing like China,” and “Internationalizing like China,” mirrored the title and the reasoning.