Gravitas: How debt defaults in China could impact the global economy

Dec 11, 2020, 11:40 PM(IST) WION Video Team

Major state-owned companies in China have defaulted on their debts. But, they may not get help from Beijing. China seems willing to allow some firms to collapse. WION's Palki tells you why the global economy will feel the tremors if state-owned firms shut shop in China.

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