2016-03-24 — nikkei.com
... in China, the outstanding amount of total credit to the private sector has surged 300% from the end of December 2008 [which exceeds the U.S. and Japan at the peak of their respective credit bubbles]... If Chinese companies and households start focusing on repaying their debts, spending and investment will decline, further slowing the country's economy.
The specter of deflation could hang in the air if Chinese companies have trouble cleaning up excess bad debt, which their Japanese counterparts could not fend off after the collapse of Japan's economic bubble.
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.