HomeAsiaThe End of China Inc? - 101 East

The End of China Inc? – 101 East

here’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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editor
editorhttps://www.horndiplomat.com
Mohamed Duale is a Horndiplomat Founder and Chief Editor
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