Peiyuan Lan
Concerns about China’s massive debt pile tend towards hyperbole. Doomsayers see China’s debt as unsustainable, which it is. They predict that an economic crisis is near — which it is not. If we look beyond the doom and gloom, there is much to indicate that China is far away from a looming financial crisis.There are many credible warning signs that China has a debt problem that should be taken seriously.
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