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China Slips Deeper Into Debt, Though at Slower Pace

2019年08月28日 20:17 来源于 财新网
Country’s overall leverage ratio rose to 249.5% in the second quarter amid ongoing economic slowdown, report shows

China is sinking deeper into debt, though not nearly as fast as it used to be.

Overall debt as a share of GDP continued to climb in the second quarter of this year, albeit at a slower pace, amid an ongoing slowdown in economic growth, according to two government-backed research institutes.

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