China’s debt-to-GDP ratio fell to 308.2% in Q2 from 309.3% in Q1, according to data cited by economist Michael Pettis. Pettis said his own debt-to-GDP measure p
China’s debt-to-GDP ratio fell to 308.2% in Q2 from 309.3% in Q1, according to data cited by economist Michael Pettis. Pettis said his own debt-to-GDP measure points to the same direction, suggesting a modest easing in macro leverage.
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