China isn’t just contending with falling stocks, a plunging currency and a slowing economy. It’s got vampire trouble, too. The Chinese economy is pock-marked with companies that can’t pay their bills ...
China isn't just contending with falling stocks, a plunging currency and a slowing economy FILE - In this Feb. 16, 2016 file photo, a woman speaks on her phone near a display highlighting the new ...
These ghoulish companies and their debts are hindering the world's second-biggest economy and will likely do so for years. Companies that miss debt payments inflict losses on banks, which then find it ...