Summary | History shows such a debt overhang usually precedes a
financial crisis.Certain features of the country's financial
system distinguish it from other economies, he said.Most of the
debt is held by State-owned banks, which means there is plenty
of room for maneuver."The real trick is, leverage could be
reduced by growing the economy.New engines could be consumption ...
financial crisis.Certain features of the country's financial
system distinguish it from other economies, he said.Most of the
debt is held by State-owned banks, which means there is plenty
of room for maneuver."The real trick is, leverage could be
reduced by growing the economy.New engines could be consumption ...
en.ce.cn | 03 December 2015