Rising debt levels will worsen
the credit profiles of China’s top 200 companies this year, requiring the
country’s banks to raise $1.7 trillion in capital to cover a likely surge in
bad loans. On Monday, Beijing announced a series of guidelines aimed at cutting
company debt levels which some fear could destabilize the world’s
second-largest economy.
Source:
http://www.khmertimeskh.com/news/30663/s-amp-p--china---s-debt-worsening/
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