CHINA TOPIX

12/22/2024 09:32:27 pm

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financial outburst

China's Recurring Debt Could Lead to Financial Outburst

China's Unsustainable Debt can Lead to Financial Outburst in the Long Run: Experts

China's total debt increased to 249 percent of its gross domestic product (GDP) in the first quarter of this year. According to some economists, this could result in a prolonged slowdown of the country's economic growth.

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