Description
This book proposes a method for calculating China’s debt based on a quantitative econometric analysis. This is conducted by measuring the relationship between China’s debt size and economic growth. The conclusion that is reached is as follows: China’s current debt has already exceeded the inflection point, and that means that it is now having an adverse effect on its economic performance.
The book also focuses on China's debt problems as a whole, highlighting debt issues faced by different entities and industries, as well as the ratio and structure of the virtual and real economies. The contents are presented in three major principles: theory, oriented,data, and oriented policy.
Table of Contents
Chapter I Debt and Economic Growth.- Chapter II A Study of China’s Total Debt.- Chapter III A Study of China’s Government Debt.- Chapter IV A Study of China’s Bank Debt.- Chapter V A Study of China’s Corporate Debt.- Chapter VI A Study of the Debt of Real Estate-Related Industries.- Chapter Ⅶ A Study of the Real Economy and the Virtual Economy.- Chapter Ⅷ Summary.
