Tuesday 7 February 2012

Bloomberg: Debt in China is too big

In this article today, Bloomberg warned, giving information about the debt situation of China is huge. The Bloomberg analysis of data collected on bonds and other valuable papers from 231 Chinese companies equivalent to 2% figure announced by the four largest banks in China. And indeed the reader will be shocked to see a huge difference. Thus, it seems China's Big 4 banks are out of control situation. Here are the data of each bank turn over collected by Bloomberg.

On the left is the public equivalent of 100%. Parties must be collected the equivalent of 2%, 2 figures clear this debt is not equivalent to the rate of 100% / 2%.
 With quite different than CCB.

 Over 231 figures of local companies, Bloomberg found that the total debt that they have sold 622 billion equivalent, the majority located in the bank's debt, the larger European rescue fund.
In addition to concerns about: Ability to pay debts, liquidity, lowering the price of real property, ... the people are very worried about the accuracy of the data to invest in this.
 

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