China’s dodgy-debt double act

Source: Hacker News

Article note: Oh boy. China is a huge fraction of global manufacturing capacity (and holds like $3.2T of US treasury securities) so either having their gigantic not-quite-private companies collapse and thrash their economy OR nationally moving assets to bail said not-quite-private companies out out will be globally disruptive.
This entry was posted in News. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *