The Traderszone Network

Published in TZ Latest News 15 August, 2015 by The TZ Newswire Staff

China’s Debt Load To Hit 250% Of GDP In 5 Years, IMF Says

Anyone who follows China knows that the country faces a particularly vexing problem when it comes to debt. The way we explain it is simple: Beijing is attempting to deleverage and re-leverage simultaneously. Needless to say, this isn’t possible, but that hasn’t stopped China from trying, as is clear from the multitude of contradictory policies and directives that have emanated from Beijing over the course of the last nine months. 

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