China Growth Lower, But Debt Much Higher

 

Chinese policymakers are continuing to work to reform the country's financial system and meet concerns about China's ability to be able to sustain its tremendous amount of borrowing.

The latest effort by policymakers is an increase in the ability of Chinese regional and local governments to issue bonds in order to improve their ability to meet capital spending needs, as announced during the annual National People's Congress of China in early March.


Saved Articles
X
TextTExtLInkTextTExtLInk

Are you a smart investor? Join tens of thousands of sophisticated investor reading our authoritative free newsletter

* indicates required

Opt out of occasional 3rd party offers


Congrats! Are you a smart person? We have a limited time offer for sophisticated and loyal readers like yourself.

Sign up today and get three months free

Use coupon code VIP19 or click on the button below

Limited time offer only expires 8/31/2019 or next 30 now just 2 subscribers whichever comes first – please do not share this discount with others

 

0