Relevant:
- We Traveled Across China and Returned Terrified for the Economy
- China's debt bubble threatens global economy (GOING PARABOLIC!)
- Reform? China Just Flooded Its Economy With A Record Amount Of New Debt
- China Buys U.S. Businesses at Record Pace; What are the Implications? Will Alarm Bells Ring?
- 'China cancels America's credit card'
2013-07-06 — reuters.com
``China said on Friday it would cut off credit to force consolidation in industries plagued by overcapacity as it seeks to end the economy's dependence on extravagant investment funded by cheap debt.''
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.