China’s financial regulator pledged to continue debt-reduction efforts as Beijing sharpened its rhetoric against rising economic risks
China Intends to Continue Debt-Reduction Efforts Regulator’s comments come as Beijing has sharpened its rhetoric on economic risks Feb. 25, 2019 3:29 p.m. ET BEIJING-- during a domestic slowdown.
China has stabilized its overall leverage ratio after the government’s recent yearslong “structural deleveraging” campaign, Wang Zhaoxing, a vice chairman of China Banking and Insurance Regulatory Commission, said at a briefing Monday. However,...
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