RTR: Germany arrests three people suspected of giving technology to China
REUTERS reports: Three Germans have been arrested on suspicion of working with the Chinese secret service ...
ZERO HEDGE writes:
And the hits just keep on coming for China.
With its economy on the verge of a Japanification vicious loop, where record debts, lead to distressed selling, repayment of debt, contraction in the money supply, falling asset prices, a wave of bankruptcies, surging unemployment, a slowing economy, spiking unemployment and a crisis of confidence, which then leads to money hoarding and deflation…
… not to mention a growing property crisis, shadow banking crisis, a youth unemployment crisis, a record collapse in foreign direct investment…
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