ABU DHABI / WAM First Abu Dhabi Bank (FAB) has joined the International Advisory Council ...
Read More »China’s debt ratings
The last surge in growth in China, taking place in the wake of the Global Financial Crisis, was fueled by risky lending and high levels of investment. The fallout from that lending was high debt, often nonperforming loans, and slowing growth. At present, China’s public and private debt-to-GDP ratio weighs in at 232 percent, higher than in most countries at ...
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