PREVIEW: HEADLINE: China's Economic Weakness: Deflation, Overcapacity, and Export Barriers GUEST NAME: Alan Tonelson SUMMARY: John Batchelor and Alan Tonelson discuss the crippling deflation gripping
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PREVIEW: HEADLINE: China's Economic Weakness: Deflation, Overcapacity, and Export Barriers GUEST NAME: Alan Tonelson SUMMARY: John Batchelor and Alan Tonelson discuss the crippling deflation gripping China's economy, a result of its plan to promote overcapacity. China has alienated many countries, hindering its ability to move products and no longer enjoys the "American safety valve" for exports. Tonelson explains that this barrier prevents continued Chineseeconomic growth, with no apparent solution. 1952