World Economy


  • Economy & Politics
  • Investing
  • Personal Finance
  • Related Posts

    This $15 Billion Deal Shows How Tough Times Are For Chinese VC
    Thought The TPP Was A Big Deal? China’s Rival Free Trade Pact Covers Half The World’s Population
    Equity Rally Stalls As German Data Casts Cloud Over Global Growth
    Free Trade Is No Longer A No-Brainer
    Abenomics Is Working
    Market Turbulence: A Worrying Set Of Signals
    U.S. Trade Deficit Widens As Exports Sag, Imports From China Surge
    Investor Confidence Collapses As PMIs Plunge Across EU
    Emerging Market Meltdown May Plunge Global Economy Into Recession
    Why Income Inequality Isn’t Being Solved
    Pacific Trade Negotiators Close In On Landmark Deal, Fight For Approval To Follow
    Chinese Cash Flow Shocker: More Than Half Of Commodity Companies Can’t Pay The Interest On Their Debt
    Most Of Europe Will Now Be Free Of Genetically-modified Crops
    Secret Bank Accounts, Income Inequality — And Why Luxembourg Matters
    Now Even India’s Economy Is Slowing Down

    Chinese Companies Have Racked Up $14.2 Trillion In Debt—more Than Any Other Country On The Planet

    Back in 2009, China’s 8,500 listed companies were in much better shape than their global peers. No longer. The average Chinese company now has worse cash flows and more debt than other similar firms elsewhere in the world, says Standard & Poor’s, a ratings agency.

    So great has China’s borrowing binge been that its companies racked up $14.2 trillion in debt at the end of 2013, blowing past the US’s $13.1 trillion to become the world’s biggest corporate borrower. This, says S&P, is worrying since a “higher risk for China’s borrowers means higher risk for the world.”

    Click to read the full story

    Discuss this Story:

    Comment Policy: We encourage open discussion. Comments including racist statements, profanity, name calling or spam will be removed at our discretion. We use filters for spam protection. If your comment does not appear it is likely because it violates the policy.

    Despite Surging Job Cuts, Initial Jobless Claims Tumble Back Near 42 Year Lows
    NATO Threatens To Send In Troops After Russia Stations ‘Battalion’ In Syria
    Caught On Tape: Russian Warships Launch 26 Cruise Missiles At ISIS Targets
    Rubio’s Old Ideas For New Gig Economy
    Beyond India’s Beef With Beef
    Ackman’s Latest Wager: Bloomberg For President
    Hillary Clinton Opposes Trans-Pacific Partnership Trade Pact
    We’ve Lost 508 Million Pounds Of Oyster Meat In The Wake Of The 2010 BP Oil Spill
    Trump Is Not Only Campaigning For President, But Also Against Scottish Wind Farms
    Ben Carson Tax Plan: ‘It’s Time To Bring The Money Back Home’
    Jobless Claims Fall To Near A 42-year Low
    U.S. Retail Group Sees Holiday Sales Growth Slowing This Year
    Smaller U.S. Businesses Fear Freeze From EU Privacy Ruling
    Russian Warships Launch Missile Attack On Syrian Targets, Clearing Way For Iranian Ground Invasion
    Europe Could Learn From Russia’s Google Ruling
    Sons And Gun Lovers
    U.S. To Toyota: How Come ISIS Drives So Many Of Your Trucks?
    Moody’s Maintains U.S. Credit Rating And Stable Outlook
    This Is How Close U.S. And Russian Jets Are To A Dog Fight Above Syria
    Q3 GDP To Slide After 16% Surge In August Trade Deficit; Imports Jump As Exports Drop
    Syria Ground War Imminent? U.S. Accuses Russia Of Launching Syrian Land Campaign
    Role Reversal In The New Cold War
    The Enigma Behind America’s Freak, 20-year Lobster Boom
    Ethiopia’s Prime Minister Has Been Re-elected With 100% Of The Vote
    Is The Gun Lobby’s Power Overstated?
    The Supreme Court’s Next Landmark Cases
    Can Republicans Regain Control Of Their Party?
    Welcome To The Future: Downward Mobility & Social Depression
    Saudis Mull Launch Of Regional War As Russia Pounds Targets In Syria For Fourth Day
    Russia Claims ISIS Now On The Ropes
    Read more from Economy & Politics...

    Liberty Investor Digest

    Get today's most important
    financial headlines all in
    one place by email!



    Sign Up For Liberty Investor Digest™!

    Get Liberty Investor Digest FREE By Email!

    Input your name and email address in the fields below and get today's most important financial headlines sent straight to you inbox!

    Privacy PolicyYou can opt-out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.