China's economic troubles are a result of the post-2008 'debt supercycle' finally coming back to bite it, Harvard economist says

China's economic troubles are a result of the post-2008 'debt supercycle' finally coming back to bite it, Harvard economist says

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Chinese President Xi Jinping. Reuters/Pool China is being hit by a "debt supercycle" that began with the 2008 financial crisis, Kenneth Rogoff said. The top economist pointed to signs of trouble in the nation's weakening property market. The bloated property sector is now yielding diminishing…

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