The International Monetary Fund has issued its sternest warning to date on the risk from China’s rising debt burden, urged more aggressive action to curb credit growth and subject state-owned enterprises to the discipline of the market.
IMF deputy managing director David Lipton presented the fund’s annual assessment of China’s economy on Tuesday in Beijing, days after a speech in Shenzhen warning of possible risk spillovers to the broader global economy.
“Corporate debt, though still manageable, is high and rising fast. Addressing the corporate debt problem is imperative to avoid serious problems down the road,” the IMF said in its so-called Article 4 report.
您已阅读29%（665字），剩余71%（1607字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。