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China’s ballooning debt is a major threat to global financial stability, IMF warns

Women dressed in ethnic costumes perform in an outdoor production called "Impression Lijiang", held on a man made stage on the Jade Dragon Snow Mountain, 3,100m (10,170 feet) above sea level, near Lijiang city in southwestern China's Yunnan province July 23, 2006. About 500 amateur performers from 10 ethnic minority groups took part in the $31-million production by acclaimed Chinese director Zhang Yimou."The system’s increasing complexity has sown financial stability risks," the IMF’s assessment said.

✍ Sumber Pautan : ☕ Business Insider Malaysia

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