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Can China’s debt problem be solved?

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Manage episode 514629815 series 1301443
Content provided by BBC and BBC World Service. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BBC and BBC World Service or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

As China’s Communist Party conclave gets underway, we take a look at one of the biggest things affecting the country’s economy; debt.

2024 saw an estimated 25 - 34 million people default on their personal loans while household debt has now reached more than 60% of GDP.

With the government using subsidies and handouts to get people spending, can China’s debt problem be solved?

Presenter: Ed Butler Producer: Matt Lines

(Image: Diners in Shanghai, China during Golden Week, 2024. Credit: Getty Images)

  continue reading

2315 episodes

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Can China’s debt problem be solved?

Business Daily

5,456 subscribers

published

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Manage episode 514629815 series 1301443
Content provided by BBC and BBC World Service. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BBC and BBC World Service or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

As China’s Communist Party conclave gets underway, we take a look at one of the biggest things affecting the country’s economy; debt.

2024 saw an estimated 25 - 34 million people default on their personal loans while household debt has now reached more than 60% of GDP.

With the government using subsidies and handouts to get people spending, can China’s debt problem be solved?

Presenter: Ed Butler Producer: Matt Lines

(Image: Diners in Shanghai, China during Golden Week, 2024. Credit: Getty Images)

  continue reading

2315 episodes

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