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Club du CEPII  

  • Gris LinkedIn Icône
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

Speakers

 

  • Wei Yao, Chief Asia & China Économist, Société Générale

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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.