China’s International Debt Crisis, Why Countries are going Bankrupt



China’s International Debt Crisis, Why Countries are going Bankrupt

China’s International Debt Crisis, Why Countries are going Bankrupt

China’s International Debt Crisis, Why Countries are going Bankrupt

From rags to riches and rags again? How did one of the biggest economies of the world come so close to losing it all?

The lifeline of a large number of developing nations is now in deep waters themselves. Over the past decade, China’s debt has risen dramatically and raised red flags.

After lending money all over the globe, the mountain of debt threatens to fall onto China and wreak havoc on its economy. With things starting to look grim, is there still a way out or are
things doomed for the struggling superpower? Stay tuned to find out.

In today’s video we look at China’s International Debt Crisis, Why Countries are going Bankrupt

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