China Debt Crisis Bombshell: “Secretive” Shadow Banking Giant Managing 1 Trillion Yuan Misses Multiple Payments

No surprises here: those who have warned for the past 15 years that the relentless increase in China’s debt to new record highs – now at ~300% of GDP – month after month and quarter after quarter would lead to catastrophic results, were of course right, and while Beijing’s debt crisis “can-kicking” over the past […] Source
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.