Posted on May 31, 2018
Will China’s debt woes turn into a full-blown banking crisis?
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Posted >1 y ago
Responses: 2
Sgt Wayne Wood Don't worry the Chinese have liquidity unless they want the person or entity to pay for their failure. Most the time even debt this large just gets rolled over.
We all have debt up to our eyeballs, the Chinese success stories have been built on loose lending standards and it will continue until they are forced to deal with it. Nobody will force it, especially not the Chinese government.
We all have debt up to our eyeballs, the Chinese success stories have been built on loose lending standards and it will continue until they are forced to deal with it. Nobody will force it, especially not the Chinese government.
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