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Chinese Companies’ Credit Exposure Could Mean Bad News For Markets
ResumeIncreasing pressure from the Chinese government to scale back lending to major companies, including Anbang Insurance and HNA, could have negative effects in the U.S. There are concerns that big Chinese companies that have made acquisitions overseas in recent years might be stretched too thin — with a total debt of around $162 billion.
Here & Now's Peter O’Dowd speaks with Linette Lopez (@lopezlinette) of Business Insider about why the U.S. should be worried.
This segment aired on July 6, 2017.