China Macroeconomics & Academia

Christopher Balding

Macroeconomics

<p>This is a follow up to a question I received from a follower about whether debt reform in China changes the potential stress level in China given a certain debt level.  Specifically, debt reform refers primarily to duration and cost of debt.  In China a large majority of debt is short term under 1 year or 2 years. Interest rates are also a primary focus as witnessed by PBOC efforts to restrain short term interest rates.  So how  important is debt reform and does it raise the overall debt…</p>

This is a follow up to a question I received from a follower about whether debt reform in China changes the potential stress level in China given a certain debt level.  Specifically, debt reform refers primarily to duration and cost of debt.  In China a large majority of debt is short term under 1 year or 2 years. Interest rates are also a primary focus as witnessed by PBOC efforts to restrain short term interest rates.  So how  important is debt reform and does it raise the overall debt…

Is Chinese Debt Reform Real?