China’s bad loans jump most since 2005

As property values decline, and economic demand slows, cash flow quickly becomes insufficient to maintain debt payments and loans default. We saw a similar surge in bad loans heading into the 2007 debt crisis…
bad loans china

Another red flag from China as the number of bad loans jump the most since 2005 in the third quarter, fueling speculation that the economy may be slowing even more.  Here is a direct video link.

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