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Asia Sentinel
China's Coming Debt Crisis

China's Coming Debt Crisis

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Asia Sentinel
Mar 28, 2017
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Asia Sentinel
Asia Sentinel
China's Coming Debt Crisis
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The problem of debt in China is not the bursting of a bubble. It is much worse. As the Middle Kingdom approaches the worldwide record of accumulated debt, productivity losses are becoming increasingly apparent. That is very bad news. Every economy relies of a certain amount of debt. That is an empirical fact. But China’s total debt—the sum of government…

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