China Is Crashing. Credit Bubble, Financial and Industrial Bankruptcies, Debt and Bond Busts

…in the past five years the total assets on US bank books have risen by a paltry $2.1 trillion while over the same period, Chinese bank assets have exploded by an unprecedented $15.4 trillion hitting a gargantuan CNY147 trillion or an epic $24 trillion – some two and a half times the GDP of China…

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http://www.globalresearch.ca/china-is-crashing-unsurmontable-credit-bubble-financial-and-industrial-bankruptcies-debt-and-bond-busts/5372573

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