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PBOC warns about rising corporate debt

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 21, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    People's Bank of China (PBOC) Governor Zhou Xiaochuan fired a warning shot regarding the elephant in the room – corporate debt.

    "Lending as a share of GDP, especially corporate lending as a share of GDP, is too high," PBOC leader said.

    Zhou added that one of the options for addressing high leverage is to channel more savings into capital markets.
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