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NOTHING IS PERMANENT EXCEPT CHANGE

Trade war with US could be the tipping point for China’s $14 trillion debt-ridden economy

  • Nearly 20 percent of China's exports go to the U.S.
  • If a trade war ensues with the U.S., China's GDP growth would drop 0.5 percent and could continue to fall as things heat up, the IMF warns.
  • China's debt-to-GDP has ballooned to more than 300 percent from 160 percent a decade ago.
  • Chinese officials now warn of a financial-sector debt bubble that's waiting to burst.

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