Trey McArver

Director, China Research
+44 20 7246 7894

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Recent China research

* China Watch: Strong global growth a tailwind for China's deleveraging, Michelle Lam, Trey McArver, Larry Brainard, 14 Dec 2017
* China Watch: Outlook for 2018, Larry Brainard, Trey McArver, Michelle Lam, 7 Dec 2017
* China Perspective: North Korea scores, US stuck, Jonathan Fenby, 1 Dec 2017
* China Watch: The profit cycle – still some way to go, Michelle Lam, Trey McArver, Larry Brainard, 30 Nov 2017
* China Watch: China’s road to an automotive superpower, Michelle Lam, Trey McArver, Larry Brainard, Kingsmill Bond, 23 Nov 2017

See all our China research >>

China: Dealing with the debt

Overview

China’s debt continues to rise as outstanding credit grows at nearly twice the speed of GDP. The country’s debt to GDP ratio is now more than 250 per cent – well above the average level of most emerging economies and similar to the levels that prevail in Italy and Greece. The majority of borrowings are concentrated in the corporate sector, where firms are increasingly struggling to service their debts, particularly in traditional industries. How China will resolve its ballooning...

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