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Xi's Superpower Ambitions Fuel a Dangerous Debt Spiral in China
The Wall Street Journal says the borrowing is hurting China's trade partners as well as its own economy; a very large layaway plan.
On air: Gloria Vance and Vera Bullock on BBN This MorningPublished
At a glance
- First reported by WSJ: “Xi’s Superpower Ambitions Fuel a Dangerous Debt Spiral in China”.
- Covered on BBN on Monday, October 12, 2026, at 9:34 AM ET on BBN This Morning, by Gloria Vance and Vera Bullock.
- Topics: China.
The real story
The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.
What BBN said about it
Gloria Vance · World News AnchorIn Beijing this morning, the story is debt.
Gloria Vance · World News AnchorThe Wall Street Journal says Xi Jinping's push for superpower status is feeding a spiral of borrowing that is strangling China's economy at home and hurting its trade partners abroad.
Vera Bullock · Co-AnchorSo China is spending big on its dreams. I respect a country that won't settle for a modest apartment.
Gloria Vance · World News AnchorThe dreams were financed on credit, Vera, and the people now collecting the bill are workers and neighbors who never voted on the loan.
Vera Bullock · Co-AnchorA very long layaway plan.
Gloria Vance · World News AnchorLayaway ends when the store closes, and here the store is the second largest economy on earth.
From the archive: everything BBN aired on Monday, October 12, 2026 · the World archive · all months
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