China’s Debt Surge Limits Stimulus Options – 3 Key Trends
China’s non‑financial debt hits 280% of GDP, tightening fiscal space. Corporate borrowing, LGFV costs, and a household debt slowdown threaten stimulus.
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China’s non‑financial debt hits 280% of GDP, tightening fiscal space. Corporate borrowing, LGFV costs, and a household debt slowdown threaten stimulus.