The economic downturn, the stock market crash, the rescue of the stock market, and the devaluation of RMB, all of which have caused the international market to change their view on China's economy.

Anbound’s scholars are of the view that the major concern of the international market is the credit issue in China.

Credit crisis could be the fuse that detonates the economic problems in China.

In the case of a credit crisis, the debt expansion is massive, the scale of ineffective investment is large, and the government touts credit expansion in a bid to stabilize economy leading to the continued introduction of the loose monetary policy worsening the market liquidity.