Sunday, October 30, 2016

CHINA'S STAGGERING DEBT

Debt in China has grown by US$4.5 trillion over the past 12 months, by far the highest amount of debt creation globally as compared to US$2.2 trillion in the US, US$870 billion in Japan and US$550 billion in the euro area. Indeed, China on its own has added more debt that the USA, Japan and the euro combined. 
 

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