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Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Monday, September 19, 2016

China banking crisis fears as debt hits record level

Fears of a Chinese banking crisis are growing, as a key indicator of the country's debt reaches its highest level on record. China's credit-to-GDP gap hit 30.1% in the first three months of this year - far above the 10% level associated with banking risks - according to a quarterly report by the Bank for International Settlements (BIS). It was also higher than any of the 42 other countries in the BIS survey, including the US, Greece and the UK.


READ THE ORIGINAL POST AT uk.news.yahoo.com