Pedestrian: China enters stable leverage phase – Newsletter website hkej.com



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July 21, 2018

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Qi Jianhong, director of the Investigations and Statistics Department of the People's Bank of China, has published an article in the Shanghai Securities News: off-balance sheet financing of relatively high-cost banks has dropped significantly, while loans to lower L & # Continuous improvement will help the real economy stabilize and enter a stable lever phase.
Qi Jianhong said that since 2017, the upward trend of China's macroeconomic leverage has slowed considerably, and the leverage ratio in 2017 is higher than that of 2016 …

(Extract)

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