http://ift.tt/2q1v5Wu
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Debt is rising twice as fast as GDP in China. Many public and private businesses can't get loans from the state banking system so they have to guarantee each others's debt first. They don't put it on their balance sheets and the network of default risk grows.
Submitted April 26, 2017 at 12:38PM by kiwimancy http://ift.tt/2ox2Xx9
