Tripling in Debt to $1.7 Trillion Drags on Economy

Chinese companies are spending more than ever to service debt after their borrowing almost tripled over five years, prompting strategists to warn of rising default risk and a threat to economic growth. Total short- and long-term borrowing by 3,895 publicly traded non-financial companies rose to …

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Tripling in Debt to $1.7 Trillion Drags on Economy

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