Thursday, September 07, 2017
Debt and inefficiency may hinder China's financial system
ANBOUND
With the 19th National Congress of the Communist Party of China which will be held soon, there will be a series of changes in China. For a long time, China's financial system has provided momentum for the economic growth, but is now plagued by debt and inefficiency. Economists are worried that in the next few years, it may hinder the growth of China's economy. The international market is most concerned that the future China may regress in its financial system market reform. Some of the Chinese market-oriented financial reform supporters have also expressed concern about the prospects of the market.