Jim Chanos: China Debt Surge Echoes 1990s Japan
Jim Chanos: China Debt Surge Echoes Japan Slowdown Pattern by Bonnie Cao and Ye Xie, Bloomberg
- Debt relative to GDP repeating pattern before lost decade
- China has made `missteps' in handling stock market meltdown
China is on a path similar to the one that preceded Japan’s lost decade in the 1990s as the country’s debt level grows twice as fast as its economy, according to Jim . . .
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