China's credit cycle weakening, shifting from debt-driven growth to productivity improvement, affecting global financial markets and economic growth.
China's credit cycle, once a major force on global markets, is now waning due to economic slowdown, increased regulatory scrutiny, and efforts to reduce debt levels. As a result, China is shifting its economic focus away from debt-driven growth and toward improving productivity. This change is expected to impact global financial markets and economic growth, creating challenges for investors and policymakers.
June 12, 2024
3 Articles