Tag Archives: borrowing

China’s great wall of debt driving ‘unsustainable’ increase in borrowing, IMF warns

China’s property builders are on an ‘unparalleled’ borrowing binge, driving up international debt, in response to the IMF – GIANLUIGI GUERCIA/Pool through REUTERS China is driving international debt again in direction of unsustainable ranges amid an “unparalleled” borrowing binge by property builders and native governments, in response to the Worldwide Financial Fund. The Fund mentioned debt on this planet’s second …

Read More »