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> Great fall of China on cards say economists, $35 trillion debt for 1.3 billion people

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botlife
post Jul 30 2016, 01:34 PM

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Modern economy is driven by debt, grow by interest
Amount of debt can't indicate failure
How one utilise the loan is more of a concern
SUSChaNzy
post Jul 30 2016, 02:19 PM

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QUOTE(news channel @ Jul 30 2016, 01:02 PM)
If China economy collapsed, it will cause global slowdown and Malaysia will be affected.
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thanks for stating the obvious, genius whistling.gif
teehk_tee
post Jul 30 2016, 02:22 PM

ไม่เป็นไร
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Australia, look at ur own self pls.
SUSXnet
post Jul 30 2016, 02:25 PM

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QUOTE(animemy @ Jul 28 2016, 08:02 PM)
What did KNN Commies do to news channel ohmy.gif
user posted image
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Posters are commies
TSnews channel
post Aug 1 2016, 12:34 AM

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Early bubble burst

QUOTE
state-owned credit guarantee company became technically insolvent


QUOTE
11 trust companies petitioned the government to act before the crisis triggered a public panic.


Read more https://forum.lowyat.net/index.php?showtopic=4017181

mitodna
post Aug 1 2016, 12:42 AM

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US debt around 19 trillion, China around 5.27 trillion usd
TSnews channel
post Aug 1 2016, 01:07 AM

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QUOTE(mitodna @ Aug 1 2016, 12:42 AM)
US debt around 19 trillion, China around 5.27 trillion usd
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Old data in 2015:

China's overall non-financial debt grew by 15.2 per cent in 2015 to RMB 167 trillion or almost 250 per cent of gross domestic product (GDP).

Credit: http://www.abc.net.au/news/2016-05-24/chin...me-bomb/7439844

I check Google currency convertor just now that RMB 167 trillion = USD 25.15 trillion. As reported in many news, China debt growth even more in year 2016.

SUScocbum4
post Aug 1 2016, 01:26 AM

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Problem solve
TSnews channel
post Aug 1 2016, 06:52 PM

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QUOTE(rotloi @ Jul 28 2016, 07:50 PM)
Last time I check...,china is borrowing.money to us... so deducting everthing.stilll managebl I guess
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Around USD 1 trillion only.

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