News Snapshot:
Recent bank runs throughout China and the country’s collapsing real estate market are merely symptoms of an impending national debt crisis, multiple experts told the Daily Caller News Foundation. “The amount of debt is too large for Beijing to deal with,” Gordon G. Chang, author of “The Coming Collapse of China,” told the DCNF. “The Chinese economy lacks growth engines and innovation,” Jennifer Zeng, host of the YouTube show Inconvenient Truths, told the DCNF. China may be on the precipice of a serious debt crisis amid a faltering real estate market and previous bank runs throughout the country, experts told...
