Debt Boom in China Could Lead to “Financial Crisis,” But Maybe Not Yet: New York Fed

Debt Boom in China Could Lead to “Financial Crisis,” But Maybe Not Yet: New York Fed

wolfstreet.com / by Wolf Richter / Feb 27, 2017

China’s debt boom, or “credit boom” in more palatable terms – whose true extent remains purposefully obscure – and what it might do to the Chinese economy and by extension to the global economy is starting to worry some folks at the New York Fed.

February 27, 2017 at 05:20PM