But so DOES LOGIC.
First of ALL, can CHINA buy Malaysia? Well Based on CHINA's size, theoretical it CAN.
The SECOND question, CAN China AFFORD to BUY Malaysia? MOST likely NOT.
Below, is a CHART, of Malaysia's debt to GDP level, and when you compare that to China's DEBT to GDP level , you will understand why.
Before, we get intoChina's DEBT level, some portals such as Malaysia Chronicles have been branding CHINA as cash rich, while the USA as OUT of CASH.
They are EITHER misinformed or DELIBERATELY mis informing people for reasons best known only to themselves.
The numbers state, that China's DEBT to GDP is higher than that of the USA or even Germany.
The USA"s DEBT to GDP ratio is 71.8 per cent , while Germany's ratio stood at 71.2 per cent.
So how BAD is China's DEBTS? Read Below to find OUT:
According to China finance expert Victor Shih, an associate professor of political economy at the University of California, San Diego, and founder of China Query, the country’s debt load has expanded from 150 per cent of GDP before the onset of the 2008 global credit crisis to about 300 per cent
