A clerk counts Chinese currency notes at a bank branch in Huaibei in central China's Anhui province. Photo: Associated Press

What deleveraging? China sets sights on shoring up economy rather than hacking away at looming pile of debt

  • ‘Deleveraging is dead,’ says economist Alicia Garcia Herrero
  • Bank loans, trust-product issuance and margin-trading accounts at stock brokerages are bustling again
Topic |   China economy

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A clerk counts Chinese currency notes at a bank branch in Huaibei in central China's Anhui province. Photo: Associated Press
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