Photo: EyePress NewsChina is sitting on a corporate debt problem that makes the Indian one look modest in comparison. The International Monetary Fund (IMF) estimates that the stock of corporate debt is 145% of the size of the Chinese economy. China is sitting on a corporate debt problem that makes the Indian one look modest in comparisonThe IMF estimates that the stock of corporate debt is 145% of the size of the Chinese economy. Public debt and household debt are another 40% each. A lot of the discussion in India is about the impact of a slowing Chinese economy.

Source: Mint June 12, 2016 18:56 UTC