Is China about to blow?

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by mark000

Sure looks like a Lehman moment (major negative event) is about to happen over there. Which will trigger a Chinese Financial System crisis, which will trigger one in Japan because of their interdependance. And from there to the rest of the world…….

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China’s Economy Shows Fresh Weakness in Factories, Housing and Consumer Spending

Embattled Chinese property developer Country Garden faces a critical test of investor confidence on Thursday, with creditors set to vote on its proposal to extend the maturity for an onshore private bond.

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