WSJ: Chinese Economy Not Fixed
WASHINGTON – “Chinese factories continue to pump out too much steel, glass, cement and other items even as they battle mounting debt, slumping prices and weak demand. Factories in the world’s largest manufacturing nation have suffered 43 consecutive months of deflation. And loan demand among manufacturers in the third quarter turned negative for the first time since a central bank index started in 2004”.
–The Wall Street Journal, October 31, 2015