The End of China Inc? – 101 East

11

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?

More from 101 East on:

YouTube – http://aje.io/101eastYouTube
Facebook – http://facebook.com/101east
Twitter – http://twitter.com/aj101east
Instagram – http://instagram.com/aj101east
Website – http://aljazeera.com/101east

Source Video URL

Featured content

LEAVE A REPLY

Please enter your comment!
Please enter your name here