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RSS FeedsGlobal debt soars, driven by US and China: IIF
(WorldNews China)

 
 

15 november 2019 07:25:59

 
Global debt soars, driven by US and China: IIF
(WorldNews China)
 


Global debt has struck a record high of over $250 trillion, driven by borrowings in the world´s two biggest economies, resulting in heavy debt burdens that could hamper efforts to mitigate climate change, according to a report by the Institute of International Finance released on Friday. The IIF is a global association of the financial industry, mandated to support the financial industry in risk management....


 
14 viewsCategory: General > Asia > China
 
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