{"id":33938,"date":"2016-08-18T09:58:24","date_gmt":"2016-08-18T01:58:24","guid":{"rendered":"http:\/\/www.chinamoneynetwork.com\/?p=54208"},"modified":"2016-08-18T09:58:24","modified_gmt":"2016-08-18T01:58:24","slug":"chinas-growing-debt-problems-and-how-to-solve-them","status":"publish","type":"post","link":"https:\/\/www.chinalegalblog.com\/en\/2016\/08\/18\/chinas-growing-debt-problems-and-how-to-solve-them\/","title":{"rendered":"China's Growing Debt Problems And How To Solve Them"},"content":{"rendered":"<img width=\"300\" height=\"219\" src=\"http:\/\/www.chinamoneynetwork.com\/wp-content\/uploads\/debt-3.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"debt\" style=\"display: block; margin: auto; margin-bottom: 5px;\" \/>There are many precedents of financial systems experiencing significant asset deterioration following sustained periods of above-trend credit growth. In China, there have been a rapid build-up of credit in the 1990s, with over-leveraged Chinese state-owned enterprises weighed on predominantly state-owned banks reporting non-performing loans (NPLs) of about 30%, much of which were subsequently carved out [&#8230;]<p><br>Visit <a href=\"http:\/\/www.chinamoneynetwork.com\/\" title=\"China Money Network\"><b>ChinaMoneyNetwork.com<\/b><\/a> for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter <a href=\"http:\/\/www.twitter.com\/chinamoneypod\" title=\"Follow China Money Network on Twitter\">@chinamoneypod<\/a> subscribe to all episodes on <a href=\"http:\/\/www.itunes.com\/podcast?id=451002399\" title=\"Download and listen to China Money Podcast on iTunes\">iTunes<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"219\" src=\"http:\/\/www.chinamoneynetwork.com\/wp-content\/uploads\/debt-3.jpg\" alt=\"debt\">There are many precedents of financial systems experiencing significant asset deterioration following sustained periods of above-trend credit growth. In China, there have been a rapid build-up of credit in the 1990s, with over-leveraged Chinese state-owned enterprises weighed on predominantly state-owned banks reporting non-performing loans (NPLs) of about 30%, much of which were subsequently carved out [&hellip;]<\/p>\n<p>Visit <a href=\"http:\/\/www.chinamoneynetwork.com\/\" title=\"China Money Network\"><b>ChinaMoneyNetwork.com<\/b><\/a> for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter <a href=\"http:\/\/www.twitter.com\/chinamoneypod\" title=\"Follow China Money Network on Twitter\">@chinamoneypod<\/a> subscribe to all episodes on <a href=\"http:\/\/www.itunes.com\/podcast?id=451002399\" title=\"Download and listen to China Money Podcast on iTunes\">iTunes<\/a>.<\/p>\n","protected":false},"author":146,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[194],"tags":[5679,8726,3404,6502],"class_list":["post-33938","post","type-post","status-publish","format-standard","hentry","category-news-chinese-law","tag-china-debt","tag-fitch","tag-news","tag-opinion"],"_links":{"self":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/33938"}],"collection":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/users\/146"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/comments?post=33938"}],"version-history":[{"count":1,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/33938\/revisions"}],"predecessor-version":[{"id":33939,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/33938\/revisions\/33939"}],"wp:attachment":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/media?parent=33938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/categories?post=33938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/tags?post=33938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}