The amount of China’s debt, which is predominately bank loans, is not as excessive as the news headlines have painted. In this 30-minute webcast with Chi Lo, our Senior Economist on China, we will discuss China’s debt reduction, including:
How China has started tackling its debt problem through practical means;
Would a policy to swiftly cut China’s debt-to GDP ratio be implausible;
Has deleveraging moved up China’s policy priority list;
What could help solve China’s problem of capital misallocation; and
Is China’s excess capacity making its debt risk worse?