China Macroeconomics & Academia

Christopher Balding

Macroeconomics

<p>The never ending question about China is simple: is China deleveraging? A couple of pieces recently argued that China had reached a tipping point that yes, China was in fact deleveraging.  Just as a general point I think it is much much too early to declare this is happening much less any type of victory.  This is for big picture reasons as well as empirical and cynical reasons.  The short version I would argue, as I will show with the data, is that  China is not really actively getting worse…</p>

The never ending question about China is simple: is China deleveraging? A couple of pieces recently argued that China had reached a tipping point that yes, China was in fact deleveraging.  Just as a general point I think it is much much too early to declare this is happening much less any type of victory.  This is for big picture reasons as well as empirical and cynical reasons.  The short version I would argue, as I will show with the data, is that  China is not really actively getting worse…

Never Ending Question: Is China Deleveraging?