| Economic Alert|

China – Total debt breaks 250% of GDP

21 July 2014 00:13 GMT Stephen Green

  • Mild monetary policy loosening stabilised total credit growth at 19% y/y in Q2 • As a result, the entire economy continued to leverage up, to 251% of GDP by end-June • More rigorous reform measures are now needed to push up nominal GDP growth
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Author: Stephen Green

Region: China > Mainland China

Economics: GDP growth , Monetary Policy

Publication Name: Economic Alert

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