03-03-2023, 06:28 PM
Macau etc are one of highest in the World in term of % of GDP
https://www.ceicdata.com/en/indicator/ch...ominal-gdp
![[Image: Screenshot-2023-03-03-182535.jpg]](https://i.ibb.co/YtvzgQh/Screenshot-2023-03-03-182535.jpg)
https://www.ceicdata.com/en/indicator/ch...ominal-gdp
![](https://i.imgur.com/CLvY2jA.png")
China, Hong Kong, Macau Private Debts
03-03-2023, 07:03 PM
Because of the higher private debts, the private sectors r unlikely to lead the country’s development. Pointless to bet tt China will lead the world out of the doldrums. The US is also slowing down. Unlikely the stock markets can strive under the present economic conditions.
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