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Moody's warns over China bad debt

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Tue, 05 Jul 11 1:51 PM | 22 view(s)
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5 July 2011 Updated at 03:57 ET

Moody's warns over China bad debt

Analysts have warned that excessive lending could hurt China's economic growth

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Bad debts held by local governments in China are a far bigger problem than first estimated, ratings agency Moody's has warned.

link-
http://www.bbc.co.uk/news/business-14024999




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