Standard Chartered raises alarm over China leverage

07/16/2013 | Caijing Magazine online

China's corporate-sector leveraging is a worrisome sign for the nation's economy, Standard Chartered says in a report that singles out China as a subject of concern in Asia. The report notes that total credit rose an annual average of 22% over the past five years, the fastest rate in the region and 6% greater than nominal growth in GDP.

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