(Bloomberg) -- Another acquisitive Chinese company is wobbling. Less than five years old, China Minsheng Investment Group Corp. has spent more than $4 billion on investments and amassed $34 billion of debt, but recently almost failed to make a bond repayment. CMIG joins the likes of HNA Group Co. and Anbang Insurance Group Co. in struggling to repay debt after embarking on a spending spree. At a time when China’s economy is slowing, the group’s troubles are under particular scrutiny, not least since -- in common with many big Chinese companies -- it has plenty more repayments due this year.