China has starred in what has been the greatest economic revolution in the history of mankind. However, in spite of this, in 2017, both Moody's and Standard and Poor's reduced the Chinese debt’s rating. On its part, the International Monetary Fund itself has been issuing warnings on this for months...
Yes, the Chinese economy is growing strongly, but... that doesn’t mean that everything is going well... In recent years, the Chinese economy has seen a parameter soar exponentially: corporate debt.
While Chinese companies bought all kinds of assets around the world, and in many countries began to discuss the danger of the new Chinese colonialism, in Beijing all alarms went off, why? We’ll tell you all about it in this video.
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Why is the CHINESE Economy ADDICTED to DEBT?: https://youtu.be/IT7DTn9PKLw