If you want to know why bloomberg and financial "news" is a joke and a waste of time. Nobody in the industry takes them seriously. Only the masses who don't know better think this is news.
Sept 2018 : "China’s Debt Bomb"
https://www.bloomberg.com/quicktake/chinas-debt-bomb
Feb 2018 : "Sizing Up China’s Debt Bubble: Bloomberg Economics"
https://www.bloomberg.com/news/articles/2018-02-08/sizing-up...
Nov 2017 : "China's Debt Surge May Increase Risk of Financial Crisis"
https://www.bloomberg.com/news/articles/2017-11-21/china-s-d...
Aug 2016 : "China’s Growing Debt Problem Isn’t Quite What It Seems"
https://www.bloomberg.com/graphics/2016-china-debt/
May 2015 : "China's Very High Mountain of Debt"
https://www.bloomberg.com/news/articles/2015-05-08/china-s-v...
Nov 2014 : "Distressed Debt in China? Ain’t Seen Nothing, DAC Says"
https://www.bloomberg.com/news/articles/2014-11-20/distresse...
There's more but you get the idea. I guess eventually they'll be right. Wish they'd throw in a "ghost city" or some other china doom story for variety.