Following on from our post on Monday comparing China’s relatively low GDP growth and its relatively high levels of new credit…
Here are some updated charts from Michael Werner of Bernstein Research, which show that the total stock of non-government and non-financial debt to nominal GDP continued to climb to new levels in Q1 (it was 193 per cent at the end of 2012):
Continue reading: China’s credit-to-GDP ratio, updated (and why it matters) Reported by FT.com 9 hours ago.
Here are some updated charts from Michael Werner of Bernstein Research, which show that the total stock of non-government and non-financial debt to nominal GDP continued to climb to new levels in Q1 (it was 193 per cent at the end of 2012):
Continue reading: China’s credit-to-GDP ratio, updated (and why it matters) Reported by FT.com 9 hours ago.