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China Debt Expansion to Slow to Pre-pandemic Level: PBOC Researcher

CHINA PRESS
MNI (Sydney)

China's debt issuances this year will be similar to 2019 and the macro-leverage ratio will ease from 2020, said Wang Xin, PBOC's head of research, in a blog post by China Wealth Management 50. Economic growth must be maintained, however, or the debt ratio could rise much faster, Wang said. Debts held by government, corporates and residents should all be monitored, he said.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com

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