14/02/17

China Just Created A Record $540 Billion In Debt In One Month [feedly]



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China Just Created A Record $540 Billion In Debt In One Month
// Zero Hedge

One week ago, Deutsche Bank analysts warned that the global economic boom is about to end for one reason that has nothing to do with Trump, and everything to do with China's relentless debt injections. As DB's Oliver Harvey said, "attention has focused on President Trump, but developments on the other side of the world may prove more important. At the beginning of 2016, China embarked on its latest fiscal stimulus funded from local government land sales and a booming property market. The Chinese business cycle troughed shortly thereafter and has accelerated rapidly since."

DB then showed a chart of ....

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