China Macroeconomics & Academia

Christopher Balding

Macroeconomics

Questions on China’s Off Balance Sheet DebtI received a large number of questions about China’s off balance sheet debt, so I thought it best to answer them in a more systematic manner. <ol><li>
What exactly is the 253 trillion RMB in off balance sheet banking system assets? The PBOC provides very little detail about what comprises the 253 trillion. The PBOC provides four specific categories: asset services, guarantee, commitment operations, and other.  Asset services comprises roughly two-thirds of the…</li></ol>

Questions on China’s Off Balance Sheet DebtI received a large number of questions about China’s off balance sheet debt, so I thought it best to answer them in a more systematic manner. 
What exactly is the 253 trillion RMB in off balance sheet banking system assets? The PBOC provides very little detail about what comprises the 253 trillion. The PBOC provides four specific categories: asset services, guarantee, commitment operations, and other.  Asset services comprises roughly two-thirds of the…

Questions About China's Hidden Debt