German Corporates At Risk From China Credit Bubble!

German Corporates At Risk From China Credit Bubble! There have been many beneficiaries of China’s rise from a developing economy to the world’s second-largest economic superpower over the past decade, but according to a new report from Astellon Capital Partners, there’s one country that’s benefitted more than most. China -Seeds Are Sown For Credit Crunch: Nomura Astellon’s research shows that German corporates have been the primary beneficiaries China’s economic expansion since the great financial crisis. Thanks to China’s credit-induced demand growth, China’s share of German net exports is up 200% since the financial crisis, and German corporates have enjoyed superior earnings…