CHINA TOPIX

Bad Loans Arise as China Struggles with Slow Economy

Maria Crisanta Echeverria   |

Apr 17, 2016 07:14 AM EDT

China's corporate debt surged profoundly prior to the lending and spending bout prompted by the Chinese government in an attempt to keep the Chinese economy bustling. Underlining the deceleration, China said on Friday that the growth fell to 6.7 percent in the first three months of the year.