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The total of Chinese Corporate debt was $29 trillion in one quarter at the end of 2021[1]. More than the U.S. Government debt. Who’s on the other side of those
by Jka9rhnDJos 3y ago
The total of Chinese Corporate debt was $29 trillion in one quarter at the end of 2021[1]. More than the U.S. Government debt.
Who’s on the other side of those mortgages? The Chinese government.
[1]: https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/china-s-state-owned-companies-encumbered-by-world-s-biggest-corporate-debt-pile-72199736 https://www.spglobal.com/marketintelligence/en/news-insights...