The onward march of Chinese debt
Is the rapid build up of credit a threat to China's economic wellbeing?
Business Daily · BBC World Service
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Show Notes
Is the rapid build up of consumer and corporate credit a threat to China's economic wellbeing?
On the 70th anniversary of the founding of the People's Republic, Ed Butler asks whether the increasing dependence on debt of this officially communist nation is becoming a problem.
The programme includes interviews with Shanghai-based journalist Liyan Ma, Shaun Rein of business strategy consultants China Market Research Group, and economist Linda Yueh.
(Picture: People's Liberation Army personnel participate in a military parade at Tiananmen Square in Beijing to mark the 70th anniversary of the founding of the Peoples Republic of China; Credit: Greg Baker/AFP/Getty Images)