According to the International Monetary Fund (IMF), China needs to control its corporate debt before the situation becomes unmanageable. Does bitcoin hold the answer? A report from the IMF has found that at $25 trillion, China’s debt accounts for 254 percent of GDP. As a consequence, startups and businesses could soon turn their attention to […]
The post IMF: Spiralling Corporate Debt in China Needs to be Controlled; Bitcoin Holds the Answer appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
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