Now China is experiencing a transition period, the debt problem and promote the interest rate market has been widespread concern. The current China is also facing a lot of debt, part of industry overcapacity still occupy financial resources hinder economic clearing, insensitive to local government financing costs led to rapidly rising debt, falling corporate earnings economic down cycle is not yet complete response for non-performing assets of banks , plus real estate cycle starts the process of financial liberalization triggered the household sector debt worries, can successfully address these issues will determine the fate of Chinas future development path for decades and capital markets, which is why we launched the original intention of the study in debt.
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