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China’s economy is failing and is drowning in debt

 
Anonymous Coward
User ID: 84194192
United States
02/03/2023 07:25 AM
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China’s economy is failing and is drowning in debt
China’s debt is more than 250 percent of GDP, higher than the United States. It remains lower than Japan, the world’s most indebted leading economy, but some experts say the concern is that China’s debt has surged at the sort of pace that usually leads to a financial bust and economic slump.

[link to fingfx.thomsonreuters.com]
Anonymous Coward (OP)
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02/03/2023 07:26 AM
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Re: China’s economy is failing and is drowning in debt
China’s debt has risen dramatically in the past decade, largely the result of credit fed to state-owned enterprises in the wake of the global financial crisis. To some, the debt mountain represents a threat to China’s stability and even the world’s economic health, while others argue such fears are overdone as most of the country’s debt is state owned and therefore, they say, manageable.
Anonymous Coward (OP)
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02/03/2023 07:42 AM
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Re: China’s economy is failing and is drowning in debt
Trying to let this one slide by so you propagandists can keep up the narrative huh?
Anonymous Coward (OP)
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02/03/2023 08:01 AM
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Re: China’s economy is failing and is drowning in debt
China, Russia and North Korea are all broke
Anonymous Coward
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02/03/2023 08:03 AM
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Re: China’s economy is failing and is drowning in debt
Ghost Country
Anonymous Coward
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Romania
03/20/2023 04:16 PM
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Re: China’s economy is failing and is drowning in debt
Thread: China's economy is collapsing





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