China’s corporate debt addiction: bond defaults spell trouble

Unprecedented bond defaults have economists worried about the levels of Chinese debt. If the borrowing binge ends, it could hobble economic growth in the region for years. But it is not just China that is at risk. James Kynge, emerging markets editor, tells us why China’s addiction to cheap credit could shake the global economy.

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Debt vs. Equity: the shifting moods of finance

Nearly a decade of low interest rates coupled with tax advantages have encouraged many companies to opt for debt to underpin their growth. But could this era be coming to an end? Brooke Masters, companies editor, explains why authorities are looking to curb the seemingly insatiable appetite for debt financing.

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