China And The Upcoming Global Financial Crisis

China’s economy is still booming. Despite it’s worst growth in over a decade, the country’s economy expanded by 7.9% in 2012, and is expected to grow by a similar margin in 2013. Despite some investor concerns, trust in the nation’s brand of Directed Capitalism and steady growth have made it a popular target for investors and companies looking to expand into new markets. However, there may be trouble brewing in East Asia. If China undergoes a serious financial meltdown, the entire globe could enter into a second period of deep recession; According to some analysts another deep recession could  eliminate…