China’s Debt Problem – Industry Roundtable
Despite China’s 6 percent growth, risks remain high in the deleveraging of the Chinese economy. Deleveraging debt by targeting overcapacity and implementing President Xi’s national economic strategy will remain a significant challenge for Chinese regulators. China’s economy-wide debt totaled more than 250 percent of total GDP at the end of 2016. Most of that debt is held by state-owned enterprises (SOEs).
On July 13th, the US-China Business Council (USCBC) held a roundtable discussion on China’s national and corporate debt. William Foster, Vice President – Senior Credit Officer in Moody’s Sovereign Risk Group spoke on China’s national debt. His presentation can be accessed on the Moody's website.
This event is for USCBC member companies and invited guests only. Registration is required.