Gravitas: Is China staring at a debt crisis?

IIF report says that China's debt-to-GDP ratio has crossed 300%.

China's addiction to debt reaches new highs. Beijing is staring at a debt crisis. An IIF report pegs China's debt-to-GDP ration above 300%. The state-run firms are struggling under high corporate debt. The banks could face an NPA crisis. But still, Xi Jinping is encouraging more lending. Palki takes a look at China's soaring debt problem.

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[abhishekjackson]

1:15 😂😂😂😂😂😂 ping yaau ku.chu.shu lu.lu 😂😂😂😂
China is second biggest economic power stil they have given loans to other countries ping pongs are stil dangers india is 3 trillions dollars economy by end of year

[DarkLord-pmeg]

Debts are never repaid. Doesn't matter which community you come from. The loan givers can forget about it.

[dasamitkumar]

don't worry pakistan will pay our master

[satpurush]

By the way Palki is my favorite journalist... her accent, the way she articulates and the way she presents... yes she is very pretty too!

[sridharsanthanam]

With falling export market, low domestic demand and falling production, the economy is bound to crash, unless it mends fences with big markets like India and US. The shock will be very bad to the world. China depended on foreign shores and not on its people.

[XiYangXiXia]

Many countries prospered with enough utilities and infrastructures based on "debt trap", just like many individuals got a house to stay and a car to drive with "debt trap" of banks. Can one really prospers without loan? Can a country really advance with less/without connectivity with others? No doubt China is in debt but at the same time also a business-deb-tee, good deeds deserve a good ripping! More are catching up on the train, 6 years of BRI making is not enough to prove who will laugh last!
I appraise India for being able to work everything out alone, salute, keep it up!

[MrChuyepto]

They are going to build Xinjiang cities all over the world specially in VENEZUELA

[Tilak-Chatterjee]

this is what happen when nations want to devolop quikly by taking sortcurt

[sasidharankarthikeyan]

With these debt China is 'investing' in weak/less creditworthy economies for BRI.

[sonu]

What's with the background music..lol