China’s Debt Crisis

#China may be forced to continue to increase its debt position. Their cash flow future looks grim. China’s debt is largely held by corporations. The problem is a fair number of their small and large companies are poorly managed. Their inefficient equipment and systems results in high-cost, money-losing operating companies. This results in deficit cash flows which severely limits the capital available for the repayment of debt. China is reportedly attempting to have lenders restructure... Read More

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