1 Name: Hakaron : 2014-03-13 16:35 ID:GE5sCLrQ (Image: 490x276 jpg, 11 kb) [Del]
After experts the know property bubble in China is starting to blow up. The banks miss 3 billion us dollar loans to pay on the ongoing year. The reason are that the liabilities of China growed in the last year in a dangerous speed to 250 % of the gross domestic product (GDP). It's long known that the banks in china had bubbles, but nobody knew before how big they was.
Investors and financial experts expect that the chinese government will try to reduce the problems of the banks.
Article (on German):http://www.finanzen100.de/finanznachrichten/wirtschaft/die-kreditblase-in-china-platzt_H1508566609_66466/
http://www.finanzen100.de/finanznachrichten/wirtschaft/schuldenkrise-in-china-eskaliert_H643295343_65435/
http://www.finanzen100.de/finanznachrichten/wirtschaft/chinas-monstroeser-bankensektor-_H399515660_65098/