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China’s growth sucks in more debt bucks for less bang
July 24, 2016 by creative · Leave a Comment
As China's economy notches up another quarter of steady growth, the pace of credit creation grows ever more frantic for every extra unit of production, as inefficient state firms swallow an increasing share of lending. “The amount of debt that China has taken in the…
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China’s growth sucks in more debt bucks for less bang