RUSAL Chief Oleg Deripaska told Bloomberg that the equity rout of the Chinese financial market may only be the first act of a drama.
He wonders how the country will be able to service its debt if it has so many loss-making industries.
Oleg Deripaska said that the growth of the Chinese economy was based upon a very loose monetary policy. “They give money literally to everyone, that’s why we can see so much new capacity built," he noted.
