10/03/17

China Central Bank Admits It Has A Debt Problem, Warns No Easy Solution [feedly]



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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 .....

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