There is no negative talk in China in the same vein there is no negative talk about Greece. There are truths, realities, if you choose to ignore them thats fine but there are certain parts of the Chinese government who obviously have no clue what they are doing, any emerging economy with a billion people and huge exports is going to make alot of money regardless but thats not the point, federal China has plenty of money.
The point isnt that China is some poor country drowning in debt which alot of Chinese on here seem to think is being said, its just the fact that theres alot of clueless people (like in Russia, who most likely have their jobs due to connections to party members etc and are generally morons in high positions raking in millions/billions) running important parts of the Chinese economy and they need to be replaced, stockmarket needs to balance out and the loan market.
Some municipalities reportedly have a debt to gdp ratio of like 250% due to all of the loans for construction and other projects over the past decade where a huge amount of them have either been abandoned/unfinished or just not used. Chinese Central government has a decent enough debt to gdp ratio that it wont cause serious damage but it will hurt, its like a mini version of what happened to Spain, far to much lending to property developers.
You gotta remember theres not alot of new sources for growth now that China has tapped into most markets. I see that yesterday the Chinese central bank or whatever its called cut lending rates in preperation for another 0.5-0.7% drop in the GDP, I have faith in China to balance it out but the problems started like 10 years ago when they switched to public investment which increases growth in the short term but then slows down and stagnates, im sure it will balance itself out to a normal level on par with the rest of the industrialised, civilized nations of the world instead of always being a few percentage points ahead of us
