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Chinese Politics, Property Development Raise Alarms
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Chinese Politics, Property Development Raise Alarms

Philip Bowring's avatar
Philip Bowring
Jan 14, 2015
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Asia Sentinel
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Chinese Politics, Property Development Raise Alarms
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China does not have a foreign debt problem – but its creditors may have. Quite how bad that becomes depends on how far China will go to let market forces prevail rather than allowing its own financial institutions to protect defaulters indefinitely and put in more money to prop up unviable entities.

China’s foreign debt, estimated at around US$1.1 trilli…

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