Strong China growth boosted by near £1 trillion of loans - Telegraph
For the second year running, Chinese banks loaned out more money than the UK’s entire public debt. Their extraordinary largesse helped the Chinese economy maintain the near 10pc growth it has recorded each year, on average, for the last two decades.
We worry about our debt and China lends it every year!
Boomed!
Anyone see where this is all headed?
For the second year running, Chinese banks loaned out more money than the UK’s entire public debt. Their extraordinary largesse helped the Chinese economy maintain the near 10pc growth it has recorded each year, on average, for the last two decades.
We worry about our debt and China lends it every year!
Boomed!
Anyone see where this is all headed?
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