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<blockquote data-quote="zubenelgenubi" data-source="post: 4630179" data-attributes="member: 63706"><p>China does have about 3 trillion in US dollar denominated debt. Many "private" firms are just not paying their debts because they don't have the US Dollars to pay them back. China is handling it by attracting new foreign investors by offering high interest bonds. We'll see how that plays out.</p></blockquote><p></p>
[QUOTE="zubenelgenubi, post: 4630179, member: 63706"] China does have about 3 trillion in US dollar denominated debt. Many "private" firms are just not paying their debts because they don't have the US Dollars to pay them back. China is handling it by attracting new foreign investors by offering high interest bonds. We'll see how that plays out. [/QUOTE]
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