definition
He claims China has substantial debt capacity because it holds relatively less foreign invested assets, making it a continued target for expansion-led integration in his model.
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He claims China has substantial debt capacity because it holds relatively less foreign invested assets, making it a continued target for expansion-led integration in his model.
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"like Blackstone or BlackRock, you're like, why don't you give it to me and I'll invest the money for you and give you bigger..."
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"Debt capacity just means your ability to carry debt. Why? Because China doesn't have much debt relative to other nations. Look at this, okay?..."
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