Part 3/8:
Intriguingly, recent data shows that China's interest rates have dipped below those of Japan for the first time ever, signaling a troubling shift in economic fundamentals. Traditionally, Japan has been known for its low-interest rates amid sluggish growth, but China's current trajectory questions the sustainability of its borrowed growth strategy.
Chinese President Xi Jinping’s recent commitment to pursue economic growth "at all costs" raises further concerns about the viability of such an approach, particularly in light of the systemic issues plaguing the Chinese economy.