Published on Tuesday, October 11, 2016
China | Guidelines issued to tackle rising corporate debt
Summary
China’s State Council yesterday issued a set of guidelines, seeking to lower corporate sector leverage and tackle its ballooning corporate debt, which, we estimate, at around 160% of GDP at end-2015.
Topics
- Topic Tags
- Macroeconomic Analysis
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Authors
SD
Sumedh Deorukhkar
BBVA Research - Senior Economist
JD
Jinyue Dong
BBVA Research - Principal Economist
LX
Le Xia
BBVA Research - Chief Economist
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