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1.Market Observations, 2.Economic forecasts, 8.Was Sticky

1 June 2018 (AFR) – China’s increase in private debt a financial stability risk: OECD

(1 June 2018, AFR, p37, by Michael Smith)

‘China’s rapid increase in private debt and a pick up in borrowing by property developers as real estate prices soar pose a risk to financial stability, the OECD’s latest world economic outlook says. At the same time, shadowing banking activity in the world’s second-largest economy is increasingly being reined in. In its latest outlook, the Organisation for Economic Co-operation and Development said it expected…’

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