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(Where do you live? http://www.cathypickens.com/issa-case-study-help/ assignment papers online Investment and debt are closely connected and Fitch believes China has a debt problem to match its extrao) |
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| − | + | Where do you live? http://www.cathypickens.com/issa-case-study-help/ assignment papers online Investment and debt are closely connected and Fitch believes China has a debt problem to match its extraordinarily high investment rate. The stock of debt in China's economy has surged to around 200% of GDP at end-2012 from 129% at end-2008 when the authorities unleashed a credit-fuelled stimulus. The agency believes no economy can operate indefinitely with a rising leverage ratio - another reason why growth is on an unsustainable path. | |
Revision as of 12:14, 16 August 2014
Where do you live? http://www.cathypickens.com/issa-case-study-help/ assignment papers online Investment and debt are closely connected and Fitch believes China has a debt problem to match its extraordinarily high investment rate. The stock of debt in China's economy has surged to around 200% of GDP at end-2012 from 129% at end-2008 when the authorities unleashed a credit-fuelled stimulus. The agency believes no economy can operate indefinitely with a rising leverage ratio - another reason why growth is on an unsustainable path.