A man walks past a billboard in Beijing. Not only is credit risk in China manageable, the economy also has room to absorb further leverage. Photo: AFP

Why doomsayers need to put China’s credit risk into perspective

Thomas Deng says the mainland’s debt-to-GDP levels are high but manageable, and they will not trigger the economic collapse that some are predicting

Topic |   China economy

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A man walks past a billboard in Beijing. Not only is credit risk in China manageable, the economy also has room to absorb further leverage. Photo: AFP
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