China’s Debt Problem Should Not Be Overestimated

Sputnik News

News / Sputnik News 12 Views comments

The IMF's 2017 Article IV consultation with China has drawn a lot of attention because of its forecast that the country's non-financial sector debt as a proportion of GDP will jump to 290 percent in 2022 from last year's 235 percent. This has added to fears that China's debt is growing at a worrying pace.