China Central Bank Admits It Has A Debt Problem, Warns No Easy Solution
// Silver For The People
zerohedge.com / by Tyler Durden / Mar 10, 2017 11:38 AM
It's a well-known risk, perhaps the biggest to the global financial system: China's debt is too high, with estimates ranging from 250% to 300% of GDP per the IIF:
And while China has largely ignored, or avoided, discussing the troubling implications of its unprecedented debt load, this changed today when the .....