MARKETS - HEARD ON THE STREET
The Hidden Risks of China’s Private Sector Debt Crisis
Better health for China’s state-owned titans has come at a steep cost
By Nathaniel Taplin
July 31, 2018 7:26 a.m. ET
China has only stemmed the bleeding at its debt-laden, inefficient state sector with large-scale transfusions from private enterprise. The result will eventually be a less efficient economy.
Chinese firms are punting on their debt again: There were 20 bond defaults in the first seven months of 2018, according to Wind Info, nearly as many as in the whole of 2017. Deteriorating finances come at a bad time, with trade tensions rising and the yuan sharply down.
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READ MORE: https://www.wsj.com/articles/the-hidden-risks-of-chinas-private-sector-debt-crisis-1533036417
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Chân thành cám ơn Quý Anh Chị ghé thăm "conbenho Nguyễn Hoài Trang Blog"
Xin được lắng nghe ý kiến chia sẻ của Quý Anh Chị trực tiếp tại Diễn Đàn Paltalk: 1Latdo Tapdoan Vietgian CSVN Phanquoc Bannuoc .
Kính chúc Sức Khỏe Quý Anh Chị .
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