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Season 2011 Episode 02.23.11

Awash in Debt: State Liabilities and the Future of the Chine

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Awash in Debt: State Liabilities and the Future of the Chine
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Although China has some of the world's lowest level of foreign debt and official government debt, the Chinese government and state owned banks and enterprises actually owe an enormous amount of debt to domestic financial institutions and households. This presentation first catalogs the different segments of debt owed by the Chinese government and related entities and the claimants on this debt. It then discusses some implications for future public policies in China.moreless
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