Chinese Debt Called "Fatal" By Chinese Think Tank – ValueWalk Premium
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Chinese Debt Called "Fatal" By Chinese Think Tank

China’s attempts to keep its economic engine revving at high speed, with the country’s total private and public debt now ballooning to a 249% debt to GDP ratio, could be “fatal,” a Chinese economist told reporters. Not only is debt growing, but the addiction to cheap money is hard to break.

Leading Chinese economist calls debt addiction "fatal"

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