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Debt Crisis Shakes Chinese Town, Pointing to Wider Problems

Zouping’s troubles show how companies in China guarantee one another’s loans, representing a potential hazard within China’s vast financial system. [Source]

Publication Date:

Origin: nytimes.com

Category: Credit and Debt

Topics: system, financial, China’s, within, hazard, potential, representing, loans, another’s, guarantee, China, companies, troubles, Zouping’s, Problems, Wider, Pointing, Chinese, Shakes, Crisis

Source: https://www.nytimes.com/2017/04/25/business/china-zouping-debt-bank-crisis.html?partner=rss&emc=rss