China’s total debt rose to a record 237 percent of gross domestic product in the first quarter. Economists says this could mean a financial crisis in looming or a a prolonged slowdown in growth. China has turned to a massive amount of borrowing to boost its growth. Another concern is how fast China has accumulated all this debt, the total amount of debt was only 148 percent of GDP at the end of 2007. China ominous debt situation could be a problem for other advanced economies. China is having a difficult time finding ways ways to invest these loans given such a small time frame. China's economy continues to be a problem, and the worse seems to still be ahead. Hopefully China makes good on their loans and prevents their financial troubles from worsening and spreading into other markets.
http://www.cnbc.com/2016/04/24/financial-times-china-debt-load-reaches-record-high-as-risk-to-economy-mounts.html
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