Top China paper warns of crisis risk over debt

中国党报刊文警告债务危机风险
AFP

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K1

China are so finished, all because of endless CCP stupidity, and greed, Chinese people's savings are non existing, placed in lofty real Estate developments, Dumb factories, and CCP'S pockets, and no one pays neither principal or interest on anything instead no one wants to know hide everything, especially for the people. It's more than disgusting it's treason by the CCP

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samReply toK1

Idiot and loser.

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plnoyseIIvvomenReply toK1

LOL

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Mark

I hope their entire economy suffers a meltdown.

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GeneReply toMark

Finally people in the usa are getting smart.if it's made in China don't buy it. Every thing they make is junk and garbage.

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plnoyseIIvvomenReply toMark

joining usa's ? LOL

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plnoyseIIvvomenReply toMark

try tell that to poor american , homeless and trailer homer

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GregReply toMark

Sinoysellsuster only care about his precious yuan. Tell him what to say, he say it, for a handful of yuan! Like rat he is!

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plnoyseIIvvomenReply toMark

and lazy pinoy kiss homeless american's boot

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GregReply toMark

sinoysellsister really like licking american's boot, especially after the bottom is covered with the spittle from the beijing streets! soon american dolla will be currency of PRC china!

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plnoyseIIvvomenReply toMark

PRC already own us dollars , well said. LOL

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GregReply toMark

PRC WOULD like to but they are too corrupt and greedy. They want US dollars because yuan practically worthless with all the fluctuations of government manipulation! LOL

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plnoyseIIvvomenReply toMark

they don't call it funn money for nothing 18 trillion of them waste paper , no gold to backed it , nada zip. hey pinoy aren't you a beggar, economic cent again?

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desadiste

.

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China continues its decline into the abyss. Couldn't happen to a better bunch of liars and cheaters.

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plnoyseIIvvomenReply todesadiste

LAzy pinoy , economic cents

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FredReply todesadiste

Ugly bully Chinaman go home!

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desadisteReply todesadiste

plnoyseIIvvomen: Chinx biggest crybaby on Yahoo.

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plnoyseIIvvomenReply todesadiste

truth hurt lazy pinyo

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plnoyseIIvvomenReply todesadiste

i go home ,if you get on your knees and start begging, PINOYO style. classic LOL

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GregReply todesadiste

Give sinoysellsister yuan, he go home!

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plnoyseIIvvomenReply todesadiste

,if you get on your knees and start begging, PINOYO style. classic LOL

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GregReply todesadiste

ah, sinoysellsister want us dolla, he too smarty pants, he knows yuan about to fall!

LOL

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plnoyseIIvvomenReply todesadiste

LOL X 1000

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GregReply todesadiste

And even then , yuan worthless! Yuan need to be multiplied by a million to make difference!

LOL

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plnoyseIIvvomenReply todesadiste

LOL X 1000

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thanh michael

The world united must destroy China economy.

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samReply tothanh michael

Little Vietnamese Chihuahua always barks at China. What a loser.

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Jake101

China still has 3 trillion dollars of foreign reserves.

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AndrewReply toJake101

So? They will be burning through that fast enough.

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Jake101Reply toJake101

@Andrew - They will. The collapse of China is coming.

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FredReply toJake101

And China has $30-trillion in debt, with $5-trillion in bad debts.

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Mike

BUY , MADE IN THE U S A !!!

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Susan MReply toMike

AMEN! AMEN!! AMEN!!!

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Jake101

No mindless country should be allowed to draw lines on the map then claim it as its own.

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Yuengling

That's China bashing for today.

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ashleysReply toYuengling

The People's Daily is a China basher? Your paranoia knows no bounds

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desadisteReply toYuengling

China doesn't need China bashers. The false Chinese economy is bashing itself.

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Human RaceReply toYuengling

desadiste

Stupid! You and K1 are China bashers! But you are correct, China doesn't need you.

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desadisteReply toYuengling

CORRECTION, Human Race, China needed me for the 30 years I worked in the country.

I worked for everyone from private companies to city governments to the Public Security Bureau. MY bashing is for getting cheated and RIPPED-OFF by your corrupt CCP gangsters in government. You PRC garbage reap what you sow.

China is a JOKE.

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TimothyReply toYuengling

The CIA has taken over the China Daily. A Western plot.

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TimothyReply toYuengling

The only China bashers on this page are those who support the China Party goons in their exploitation of the Chinese people. Bashing the Party goons is not bashing the Chinese people, but defending the Party goons is certainly bashing the people.

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desadisteReply toYuengling

Timothy: These Chinese wumao are indeed traitors to the Chinese people.

They sell their families and friends out to the Communist Party with every propaganda post they spew for their piddly 50-cents. It's commonly known that they hide the fact they are 50-centers because it would make them look bad among family and peers.

They certainly wouldn't tell a nice Chinese girl what they do for money.

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che

AFP. have some manners to at least name the prc source.

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ashleysReply toche

It says Peoples Daily, if you look

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desadisteReply toche

che doesn't want to look. He just wants to collect his 50-cents. China has its unemployed welfare recipients, too.

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Toan

what's debt? 48 cent Chinese trolls were asking !!

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nguyen

china has growth from cheap labor and pay nothing to chinese citizen welfare and pension

squeeze 1.4 billion poor to 300,000,000 chineses middle class---- that why DOMESTIC CONSUMER is nothing

in USA,EU they all pay welfare and pension ,union,social security , are more than half of the budget

china pay #$%$** for their citizen welfare and pension,union

but as china go down,china will not let civil war,civil unrest,strike,unemployment to stir trouble for china

WW3 start by china of 400,000,000 PLA(the bibble say this----ok),now what is china unemployment number????right now only 18,000,000 chineses

so,the world go and enjoy your life before war with china coming,say 2018?????

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Victor

CHINA HAS BEEN TRYING TO SCREW EVERYONE ELSE FOR DECADES AND NOW ITS THEIR TURN TO DANCE THE DANCE OF THE DEAD AND DYING. WRITHE AND SHAKE AND EAT YOUR OWN LEAD PAINT, WATCH YOUR BUILDINGS FALL UNPROMPTED AND YOUR PEOPLE CHEAT YOU OUT OF EXISTENCE.... IT'S THE CHINESE WAY ISN'T IT??????????????????????????????????????????????????

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Real7777

CHINA SHOCK: Desperate attempt in 2016 by margins, subprime, and real estate bubble again which are only thing china could do. $645 billion subprime and printing more money than after 2008. China/companies LIES about 7% GDP when export are down 25% import dropping 14%, construction equipment down 50%, 12% drop in train cargo, stock drop etc. Shanghai Index is ponzi pyramid bubble with fundamental value below 1500. Only reason IMF considering Yuan garbage in basket is to prevent total collapse and chaos. China have us$28 trillion debt. us$5 trillion toxic bank debt. 2015 us$1 trillion capital exit. Some workers are unpaid for many month.

China tightens grip on HK/Taiwan/media/web etc.

Greedy globalist and evil oppressive communist colluded in 1972 and dumped Taiwan. They profiteered from slave like labor, atrocities, corruption, pollution, etc. Bush lied and attacked Iraq. Rich Iraq and USA got poor while globalist owned chinese oil companies profiteered from Iraqi $10/barrel, Iran sanction, etc. Similarly china is allowed to milking africa. Panama paper prove Xi corruption and hidden assets.

googl real7777.wordpress

Child molester Mao genocide 30-80 millions of EDUCATED Manchu etc. who got used to good modern life under Japan. Manchu area became Han majority, it is happening to Tibet and Uighur. Falun Gong prisoners organ transplants. Xi's wife sang for soldiers that killed student at Tiananmin massacre. 200,000 abduction per year plus 2nd child non-citizens and 3 million labor/sex/bride slaves. Communist atrocities/stealing land causes 180,000 riot per year. Probably revolution soon and one china with Taiwan democracy.

China dreams to dominate the world by military buildup and buying influence, real estate, ports, media, influencing school, befriend and back stab etc. Senkaku/okinawa/SE China Sea/Taiwan are part of "6 wars in 50 year" plan reported by chinese media.

Soft WW3 started with Petrodollar currency war(BRICS AIIB) and chinese Iron Tiger spies stealing USA military/private company secrets in cyber war. USA will destroy china/russia economy. Japan will help USA defend the freedom, peace, and international law. Japanese American 442nd Regiment was the most decorated in the history of American warfare.

google "real7777 WW3"

Google "real7777 nemoto guningtoun battle" to find out how japanese saved ROC/Taiwan from fake oppressive communist.

Taiwan sent $200m for fukushima disaster.

Taiwan independence is nearly impossible until fake oppressive chinese communists is toppled. When that happens it is best that mainland get democratic government modeled after Taiwan or Japan anyway, so minds well consider unite china under Taiwan lol.

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Nicky

China Is way more stronger then what other country midea shows ....

China is a country who once had nothing to eat and whatever is now is built by there hardwork and intelligence and in no way they are stupid ...

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DavidReply toNicky

Hard work and intelligence, plus large-scale environmental degradation and no small measure of outright IP thievery.

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ChrisReply toNicky

Is Nicky your American version of Nying?

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Paris

Good luck China.

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Cup of tea

China national debt increased about 12% in the past decade. Less than 1/5 of what US debt increased.

We should take care of our OWN bigger problem. NOW.

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Moses

Hmmm....AFP....Americans For Prosperity.....conservatives....Koch brothers....unnamed sources.

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aves

PRC (Pilfer Ripoff Cheat)

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aves

BOYCOTT CHINA made products

NO to MIC PRC china made products

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Li

Strangely, China had faced many economic difficulties since the opening up but it always has the foresight and bird-eye-view to anticipate the problems despite the doom-sayers' predictions of economic collapse and "cover-up". What happened with the US in 2008 financial crisis and Japan in 1980s, where were their economic experts and Nobel prize winners despite transparency and democratic process ???? Does this tell a superior system and wise, competent economic planners prevail in China ?

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