Belt and Road/Plan Plans/US & PRC/Huawei/Economy

China Macroeconomics & Academia

Christopher Balding

Macroeconomics

China Just Doubled It’s Financial System AssetsChina has long faced doubts about the veracity of its economic data and concerns about its rapidly rising level of indebtedness.  While defaults and individual incidents raised questions about debt discrepancies, there was no systematic evidence that the financial system faced systemic misstatement. The People’s Bank of China changed that with a few sentences.By some estimate, the widely watched debt to GDP metric in China has <a href="https://www.cnbc.com/2017/06/28/chinas-debt-surpasses-300-percent-of-gdp-iif-says-raising-doubts-over-yellens-crisis-remarks.html" target="_blank">already surpassed</a>…

China Just Doubled It’s Financial System AssetsChina has long faced doubts about the veracity of its economic data and concerns about its rapidly rising level of indebtedness.  While defaults and individual incidents raised questions about debt discrepancies, there was no systematic evidence that the financial system faced systemic misstatement. The People’s Bank of China changed that with a few sentences.By some estimate, the widely watched debt to GDP metric in China has already surpassed…

China's Hidden Debt