Deleveraging China

被引：5
|
作者：
Liu, Kerry [1 ]
机构：
[1] Univ Sydney, China Studies Ctr, Sydney, NSW, Australia
来源：
INTERNATIONAL REVIEW OF APPLIED ECONOMICS | 2021年 / 35卷 / 01期
关键词：
Credit boom; deleverage; People's Bank of China; monetary policy; macroprudential regulation; household finance; OWNERSHIP STRUCTURE; EQUITY INVESTMENT;
D O I：
10.1080/02692171.2020.1836136
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
China's debt issue has attracted extensive attention from investors and China watchers around the world. Previous studies generally concluded that China's credit crisis is looming. Responding to these concerns, the Chinese authorities started to systematically deal with its debt issue from 2016. This study examines the factors that have contributed to the accumulations of debts, and reviews the deleveraging strategies adopted in different sectors such as non-financial corporate, financial corporate, household and public sectors. This study concludes that some positive progress has been achieved, and at the same time challenges remain.
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页码：91 / 109
页数：19
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