Moody’s on China – credit growth outpaces nominal GDP

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From Moody's in Hong Kong, their latest Quarterly China Shadow Banking Monitor - Moody's says economy-wide leverage continues to increase - Total social financing (a measure of broad credit) has risen to an estimated 220% of GDP from 206% at end-2015 Concerns over the rate of credit growth on China continue.

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Eamonn Sheridan

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