Shades of 2008: Unprecedented Levels of China’s Debt Threaten the Entire Global Economy

The Development of China’s Debt

  1. The government, concerned the spike in unemployment might lead to social unrest, announced the world’s largest stimulus package. The $600 billion plan was largely tuned to encouraging a massive boost to public infrastructure building (ThomsonReuters 2018). Now, the immense loan-financed infrastructure measures might backfire.

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Our mission on this blog is to shed light on Europe’s role in the world economy. https://globaleurope.eu/

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Global & European Dynamics

Global & European Dynamics

Our mission on this blog is to shed light on Europe’s role in the world economy. https://globaleurope.eu/

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