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China’s Auditor Warns of Risks From Local Debt

New York Times Original article ›

Keywords:


China's Debt crisis

07/29/2010

The debt of local governments estimated at between 27% of GDP by Dragonomics and the China's National Audit Office, to a much larger 42% by Prof. Shih of Northwestern University.

Grouped Articles

Asia Goes on a Debt Binge as Much of World Sobers Up

Wall Street Journal 05/24/2013

China's 'Shadow Banks' Fan Debt-Bubble Fears

Wall Street Journal 06/24/2013

China's Silver Linings Playbook

Wall Street Journal 06/24/2013

China's Credit Crunch

Wall Street Journal 06/25/2013

Central Bankers Hone Tools to Pop Bubbles

Wall Street Journal 07/08/2013

Charlene Chu Is the 'Rock Star' of Chinese Debt Analysis

Wall Street Journal 08/22/2013

Loose monetary policy in China in 2010-2011

03/07/2009

Difficulties of making a soft landing after the huge lending boom in China in 2009-2010 continues into 2011. Inflation and other risks from this lending continue. The burden of large local government debt in China and non-performing loans in the banking system. China's local government debt is estimated to be between 27% of GDP to 42% of GDP. Because of the opaqueness of the financial system the exact amount is not clear and estimates vary.

Grouped Articles

Asia Goes on a Debt Binge as Much of World Sobers Up

Wall Street Journal 05/24/2013

China's 'Shadow Banks' Fan Debt-Bubble Fears

Wall Street Journal 06/24/2013

China's Silver Linings Playbook

Wall Street Journal 06/24/2013

China's Credit Crunch

Wall Street Journal 06/25/2013

Credit Warnings Offer World a Peek Into China’s Secretive Banks

New York Times 06/24/2013

Central Bankers Hone Tools to Pop Bubbles

Wall Street Journal 07/08/2013

Off-balance sheet shadow lending by Chinese banks.

01/12/2010

Even after the efforts to restrain lending in 2010 in China following heightened stimulus lending in 2009, the level of bank lending has exceeded 10.5 trillion yuan and is at the same level as 2009. This includes the lending through trusts and other mechanisms according to Fitch Ratings. This explains the inflationary pressures and property bubble.

Grouped Articles

Asia Goes on a Debt Binge as Much of World Sobers Up

Wall Street Journal 05/24/2013

China's 'Shadow Banks' Fan Debt-Bubble Fears

Wall Street Journal 06/24/2013

China's Silver Linings Playbook

Wall Street Journal 06/24/2013

China's Credit Crunch

Wall Street Journal 06/25/2013

China Central Bank Warns Banks on Liquidity

Wall Street Journal 06/25/2013

Credit Warnings Offer World a Peek Into China’s Secretive Banks

New York Times 06/24/2013

China's banking system in 2010-2015

01/12/2010

The effects of the stimulus spending binge and speculative behaviours of local governments and state owned companies, on the loans made by state owned banks.

Grouped Articles

Asia Goes on a Debt Binge as Much of World Sobers Up

Wall Street Journal 05/24/2013

China's 'Shadow Banks' Fan Debt-Bubble Fears

Wall Street Journal 06/24/2013

China's Silver Linings Playbook

Wall Street Journal 06/24/2013

China's Credit Crunch

Wall Street Journal 06/25/2013

China Central Bank Warns Banks on Liquidity

Wall Street Journal 06/25/2013

Credit Warnings Offer World a Peek Into China’s Secretive Banks

New York Times 06/24/2013


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