[This is fantastic. Fantastic. The problems are spreading in China. I'm warning you, China is a Jewish house of cards. I'm loving it. Hopefully, these implosions will get worse. HOW AWESOME!!! Jan]
The crisis at Evergrande rattled the global markets and triggered a series of defaults within China’s real estate sector. But, the hidden debt of local governments poses a much bigger threat to the Chinese economy. Palki Sharma tells you more about China’s $8 trillion debt time bomb.