Monday, July 11, 2016

China’s Growing Debt: Are The Fault Lines Beginning To Show?

The problem centers on corporate debt, running at a high 145% of GDP.

Is the music about to stop on China’s debt merry-go-round and throw off the world’s second largest economy? Global financial experts from investor George Soros to the International Monetary Fund have all recently sounded warnings on China’s debt levels. Rapid credit growth driving high levels of investments are “a key fault line in the Chinese economy,”…

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