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A Study of the Turning Point of China’s DebtA Study of China’s Total Debt

A Study of the Turning Point of China’s Debt: A Study of China’s Total Debt [Debt is a natural component of the macroeconomy, but its sound development cannot be achieved without proper debt leverage. In fact, the macroeconomy may be jeopardized when the total debt volume becomes too large. The current total debt of China is nearly twice its GDP, and non-governmental debt accounts for more than 80% of the total. Furthermore, during the last 5 years, the dependence of China’s economic growth on debt has nearly doubled. All these factors imply that it’s critical and urgent to study the size and scale of China’s debt.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

A Study of the Turning Point of China’s DebtA Study of China’s Total Debt

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References (1)

Publisher
Springer Singapore
Copyright
© Springer Nature Singapore Pte Ltd. 2018
ISBN
978-981-13-1324-0
Pages
15 –41
DOI
10.1007/978-981-13-1325-7_2
Publisher site
See Chapter on Publisher Site

Abstract

[Debt is a natural component of the macroeconomy, but its sound development cannot be achieved without proper debt leverage. In fact, the macroeconomy may be jeopardized when the total debt volume becomes too large. The current total debt of China is nearly twice its GDP, and non-governmental debt accounts for more than 80% of the total. Furthermore, during the last 5 years, the dependence of China’s economic growth on debt has nearly doubled. All these factors imply that it’s critical and urgent to study the size and scale of China’s debt.]

Published: Jul 24, 2018

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