Chinese economist issues dire warning over debt crisis
Chinese economist issues dire warning over debt crisis
5 months ago
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China’s debt problem is 300% bigger than America’s
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China’s debt problem is 300% bigger than America’s
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State-owned companies that borrowed money to finance China's economic boom over the past decade are now facing unprecedented debt pressures. What happens to them next will determine the future of China’s entire economy. Tom Hancock has more: https://trib.al/d7bFgy8 | Bloomberg Originals
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