CYCLE ECONOMIES EMERGENTES
China debt restructuring : the beginning of the end?
Thursday 27 February 2020, 9h00-10h30, 75007 Paris
Chaired by Christophe Destais, Deputy-Director of the CEPII
The Chinese authorities are in the midst of the most serious debt-reduction campaign since the global financial crisis. They have achieved so far some success in the corporate sector or in reducing the risks associated with shadow banking. However, this strategy weighs mainly on the private sector and is not without cost and risk, especially for the growth of the Chinese economy in the medium term.