Doubt China will go into recession...coz recession is negative...

Doubt China will go into recession...coz recession is negative growth. The issue here is Not enough growth at 6.5%-7%.. which some sees as a "problem"

I reckon China will do some creative accounting to write off those debts.. after all, they are simply owned by the "State Owned Enterprises" and so it may be some tough cookies for those who lent to them...

I did laugh one time when someone mentioned that those debts must be paid else assets will be seized.
I said.. you mean like hedge funds attempting to seize warships from Argentina and required UN to intervene? No one is going to attempt to seize any assets owned by Chinese government and their subsidiaries or SOEs that's for sure.