Credit-fuelled growth may hinder China’s deleveraging efforts, says S&P
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Credit-fuelled growth may hinder China’s deleveraging efforts, says S&P

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China’s effort to deleverage and rebalance the economy will be tested in 2019 as corporate defaults rise, hidden local government debts surface, and liquidity for the private sector gets squeezed, according to a January 7 poll by S&P.

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