Latest Bad Debt News & Updates

New Delhi, April 2 (IANS) China’s official headline growth figures are fake and the country’s economy is headed for a major danger from its mounting bad debt and a rapidly ageing population, a new report has said.Japanese news site Nippon.com said in the report cited US think tank Rhodium Group estimates that true growth of the Chinese economy is closer to 2.5–3.0 per cent rather than the Chinese government’s real GDP growth figures for 2025 at 5 per cent.It also cited some China-watchers wh…