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China's Bad Loans

This analysis by two highly respected economists says that up to 46% of Chinese loans may be at risk of default. This, dear readers, is a gut-wrenching statistic.

This graphic is like a user-friendly x-ray image of Stalinist capitalism.

President Xi has a lot of work in front of him. He still has to reform the state-owned enterprises.

For classroom purposes, students, you may download the graphic by going to the Tom Orlick twitter address, below. His credentials are excellent. He is an authoritative source.

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