Is China Heading Toward An Energy-Debt Crisis?

It is easy for those of us in the West to overlook how
important China has become to the world economy, and also the
limits it is reaching. The two big areas in which China seems to be
reaching limits are energy production and debt. Reaching either of
these limits could eventually cause a collapse. China is reaching
energy production limits in a way few would have imagined. As long
as coal and oil prices were rising, it made sense to keep drilling.
Once fuel prices started dropping in 2014, it made sense to close
unprofitable coal mines and oil…

It is easy for those of us in the West to overlook how
important China has become to the world economy, and also the
limits it is reaching. The two big areas in which China seems to be
reaching limits are energy production and debt. Reaching either of
these limits could eventually cause a collapse. China is reaching
energy production limits in a way few would have imagined. As long
as coal and oil prices were rising, it made sense to keep drilling.
Once fuel prices started dropping in 2014, it made sense to close
unprofitable coal mines and oil…