Wednesday, June 15, 2016

China's Growth Blunted By Overleveraged Debt

IMF official warns China of corporate debt risk

A jogger runs on the Bund after a rain with the skyline of skyscrapers and high-rise buildings in Shanghai. [Photo/IC] China 'making progress' in economic transition, but high corporate borrowing could spell trouble China is making progress on its economic rebalancing, but rising corporate debt could pose risks to growth in the medium and long term…