China’s credit to GDP ratio has risen to 200 per cent, reflecting a doubling since the 2008 financial crisis. Photo: Xinhua
China’s credit to GDP ratio has risen to 200 per cent, reflecting a doubling since the 2008 financial crisis. Photo: Xinhua

IMF cautiously welcomes drive by China to rein in credit leverage

China’s credit to GDP ratio has risen to 200 per cent, reflecting a doubling since the 2008 financial crisis. Photo: Xinhua
China’s credit to GDP ratio has risen to 200 per cent, reflecting a doubling since the 2008 financial crisis. Photo: Xinhua
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