My opinion is that China has been artificially inflating their annual growth to 8% annually.
First, there were easy loans to do this. People can borrow money for building buildings. The mortgage is the building itselve.
What happened, the buildings are never completed ( 50% ) and the rest of the money goes to the owner. The bank takes the unfinished building and it just stays unfinished.
They do other things of course, but since the annual growth of 8% is always met. There is no collapse.
Now, China is expanding globally to do the same. They give loans to countries ( expecting them not to be able to pay back) for creating infrastructure there. In return, they receive monopolies when the loans can't be paid back ( much bigger debt for China).
BUT: the annual growth is met, while expanding their power.
Now i'm starting to get worried. China already has a lot of influence, but they can't go further than what they are doing now.
What happens when the entire structure collapses? Have they gotten too big to fail? Or too big to save?
How do i protect my ( European) money if this happens?