Worldwide Locations

Worldwide Locations

Keyword: china boom

China's Looming 'Debt Monster': Problem or Investment?

View from the Oriental Pearl Tower in Shanghai looking over development in PuDong, 2007. (FrankTheFotographer.com/Flickr)
Policy

China has accumulated massive debt through government spending on a "massive stimulus program" and "giant public projects," but the future of such investments is uncertain.