But China’s recent economic recovery does come with a toll: increased reliance on debt. Mizuho Securities estimated that total debt in China’s non-financial companies has amounted to 145% of the size of its economy. Over the next two weeks the economic picture will come into focus as China releases a series of key economic reports. The reports will give the clearest look at China’s economy since the start of 2017. Several key monthly economic reports weren’t released in January to reduce distortions from the shifting timing of the long Lunar New Year holiday.
Source: Wall Street Journal March 06, 2017 11:42 UTC