At some point, some percentage of those loans will default.
Financially China can handle it, though when those loans default, the chain of events will also have some global consequences.
The question is, when the loans do default, and with it some effects to the real economy/people, what happens to the public perception of the government in China? There is a good chance of social unrest
Financially China can handle it, though when those loans default, the chain of events will also have some global consequences.
The question is, when the loans do default, and with it some effects to the real economy/people, what happens to the public perception of the government in China? There is a good chance of social unrest