中国是否会再次震撼世界？

A scale never seen before in human history -

 30 new airports, 26,000 miles of motorways and a new skyscraper every five days

have been built in China in the last five years. But as we (and Michael Pettis, George Soros, and Jim Chanos - among many others) have warned, it is all eerily reminiscent of what happened in the West... the vast majority of it has been built on credit. This has now left the Chinese economy with huge debts and questions over whether much of the money can ever be paid back (spoiler alert: it can't and it won't).


How China Fooled the World - with Robert Peston: Charlene Chu describes the unprecedented scale of China's credit boom
Robert Peston interviews Charlene Chu, a leading Chinese banking analyst, who describes the astonshing growth of China's banking sector over the past five years.