The End of China Inc? | 101 East

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Al Jazeera English

Al Jazeera English

Күн бұрын

There's a magic formula to becoming a millionaire in China - borrow big to earn big.
For years, individuals, state-owned companies and municipalities have taken massive loans to chase the Chinese dream.
Now it's payback time, but a severe economic slowdown means many are struggling to pay their debts.
101 East asks, is this the end of China Inc?
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Website - aljazeera.com/101east

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