Limits to the “no limits” friendship between China and Russia
Will China, the world’s second largest economy, come to rescue Russia?
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China fails to meet its Phase One agreement commitments
China has had huge difficulties to come even close to fulfilling its import commitments, which were consider to be hard to meet even before the coronavirus crisis.
Rising indebtedness increases risks in China
In many countries, a rapid rise in debt has led to financial sector problems and a pronounced slowdown in economic growth. In China, too, sustainable management of the public finances would require a slowdown in the pace of debt accumulation.