China Growth Lower, But Debt Much HigherQuantquistador
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.
- exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible