Daily Archives: August 22, 2016

China says debt won’t pose systemic risk if economic growth reasonable

China’s debt defaults will not pose a systemic risk as long as economic growth remains within a reasonable range, a state planning official said on Thursday.

The country’s overall debt risk is generally controllable, and corporate leverage ratios even have room to rise if economic growth falters, the official said at a briefing on issues related to China’s rising debt levels.

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