China | Guidelines issued to tackle rising corporate debt
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
Authors
Sumedh Deorukhkar
BBVA Research - Senior Economist
Jinyue Dong
BBVA Research - Principal Economist
Le Xia
BBVA Research - Chief Economist