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A Study of China’s Corporate Debt

  • Xiaohuang Zhu
  • Song Lin
  • Lin Wang
  • Wenqi Wu
  • Quanli Qin
Chapter

Abstract

Propelled by an RMB 4 trillion stimulus package in 2008, Chinese enterprises took on debts for business expansion. Over the years, they have accumulated a large amount of debt – hence the heavy burden now. The seriousness of China’s corporate debt is relatively obvious. But how can we determine if an individual enterprise has a serious debt problem? In the various economic sectors, which are overburdened? Based on the studies of the turning point of China’s debt in the previous chapters, we will now interpret the turning point of Chinese enterprises from the perspective of “debt turning points of industries.”

Copyright information

© Springer Nature Singapore Pte Ltd. 2018

Authors and Affiliations

  • Xiaohuang Zhu
    • 1
  • Song Lin
    • 2
  • Lin Wang
    • 3
  • Wenqi Wu
    • 4
  • Quanli Qin
    • 5
  1. 1.CITIC GroupBeijingChina
  2. 2.Central University of Finance and EconomicsBeijingChina
  3. 3.Risk Management DivisionChina Construction BankBeijingChina
  4. 4.China Asset Management CompanyBeijingChina
  5. 5.RenMin University of ChinaBeijingChina

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