The increase in debt levels comes after a campaign by Chinese authorities in recent years to reduce corporate borrowing levels. Photo: Xinhua The increase in debt levels comes after a campaign by Chinese authorities in recent years to reduce corporate borrowing levels. Photo: Xinhua
The increase in debt levels comes after a campaign by Chinese authorities in recent years to reduce corporate borrowing levels. Photo: Xinhua

China eases on the gas pedal to cut debt as the level of corporate borrowings dropped in 2018

  • ‘Modest erosion’ in debt-to-earnings levels in 2018 expected to continue this year, S&P says
  • Mining, retail among sectors that have seen the most deterioration, the rating agency says

Topic |   China economy
The increase in debt levels comes after a campaign by Chinese authorities in recent years to reduce corporate borrowing levels. Photo: Xinhua The increase in debt levels comes after a campaign by Chinese authorities in recent years to reduce corporate borrowing levels. Photo: Xinhua
The increase in debt levels comes after a campaign by Chinese authorities in recent years to reduce corporate borrowing levels. Photo: Xinhua
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