from Oil N' Gold Focus http://www.oilngold.com/ong-focus/insights/pbocs-zhou-warns-of-high-debt-to-gdp-ratio-2016032132561/
PBOC's Zhou Warns of High Debt to GDP Ratio
Renminbi slipped in Asia Monday, after PBOC Governor Zhou Xiaochuan warned of the elevated corporate debt to GDP ratio in China. Echoing Premier Li Keqiang's comment on March 16 that high corporate debt ratio "is not new in China" and the government would seek to ease the situation. Asian equities, however, remained firm.
from Oil N' Gold Focus http://www.oilngold.com/ong-focus/insights/pbocs-zhou-warns-of-high-debt-to-gdp-ratio-2016032132561/
from Oil N' Gold Focus http://www.oilngold.com/ong-focus/insights/pbocs-zhou-warns-of-high-debt-to-gdp-ratio-2016032132561/
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