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Chart of the Day: China's Augmented Deficit

This fantastic chart from Goldman Sachs, shared by Simon Rabinovitch, journalist of "The Economist" shows, while China's official deficit is around 5 percent, it could actually be as close to 15 percent. If this unoffici…

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Chart of the Day: China's Augmented Deficit
Chart courtesy: Goldman Sachs, shared by Simon Rabinovitch, journalist of "The Economist"

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This fantastic chart from Goldman Sachs, shared by Simon Rabinovitch, journalist of "The Economist" shows, while China's official deficit is around 5 percent, it could actually be as close to 15 percent.

If this unofficial stimulus not managed well, it could eventually lead to inflating the issues for which it is launched such as the slowdown or the over capacity or the domestic debt overhang. 

Read more on China and its crisis in our special series, here, http://www.econotimes.com/topics/china-renminbi-series and here, http://www.econotimes.com/topics/china-crisis-series

["Augmented"- the 'Pokemon Go' fever has caught up with Goldman too! well, us too!!]

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