Despite all of the country’s problems, China has proved its doubters wrong during the past few years. Even though several prominent Wall Street analysts and hedge fund managers have speculated that the country is on the verge of a financial crisis, policymakers have successfully managed the country away from any severe crisis. GDP growth reached 7% during the first half of 2017. In particular, the countries Debt-Service Ratio has been a source of worry for many pundits and fund managers (not mutually exclusive).
[buffett]
- Chinese Debt Collapse? On Par With Greece Like Wheel Out Of Control
- Advanced Economies Not Alone, China Now Has A Big Debt Challenge
- China’s debt servicing costs to explode as Government Credit Soars
But it’s...
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