Markets Magazine
Sizing Up China’s Debt Bubble: Bloomberg Economics
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Over the past decade, China’s credit boom has been the largest factor driving global growth. That may be about to change. President Xi Jinping’s administration is encouraging banks and businesses to start deleveraging. Meanwhile, the government is committed to doubling the economy from 2010 to 2020, and getting there will almost certainly require more loans. Here, and at BI China, Bloomberg Economics looks at China’s debt problem and where it might go from here.
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