China has a debt problem. Since the financial crisis of 2008, the economy grew vigorously. However, this growth was at the cost of excessive investment on Pump. The public, households and businesses are in debt today. How high, is not to be measured by the Supervisory authorities. A majority of the loans in China is awarded to a past official Bank balance sheets via so-called shadow lending and often fly-by-night asset management products.
Z+
