China’s mountain of debt, explained globalpost.com
Beijing may be even more indebted than Washington. But thanks to communism, don’t expect any Lehmans.
To put this in perspective, GlobalPost interviewed Victor Shih, an expert in China’s economy, who has been following the debt situation closely. Shih, an assistant professor of political science at Northwestern University, holds a Ph.D. in government from Harvard. (The interview has been condensed and edited by GlobalPost.)