But there are some unofficial estimates. Like one from the Institute of International Finance (IIF) last week, which place China’s debt to GDP at 300%!
Simply put, Addis Ababa is becoming the city that China built — but at what diplomatic and economic cost? https://www.cnn.com/2018/09/02/africa/addis-ababa-china-construction/index.html
Fancy villas, high-rise apartment blocks, lakes, parks and sprawling road networks: ghost cities in China have it all — except people. To some, the empty sprawls are a sign of a Chinese debt crisis, but […]
Online peer-to-peer (P2P) lending was once touted as a way to transform finance, making it more efficient and allowing less advanced economies to leapfrog the United States. No one embraced it more than China, which […]