Series: IMF Working Papers
Author(s): Wojciech Maliszewski , Serkan Arslanalp , John Caparusso , José Garrido , Si Guo , Joong Shik Kang , W. Raphael Lam , Daniel Law , Wei Liao , Nadia Rendak , Philippe Wingender , Jiangyan Yu , and Longmei Zhang
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 14 October 2016
Corporate credit growth in China has been excessive in recent years. This credit boom is related to the large increase in investment after the Global Financial Crisis. Investment efficiency has fallen and the finan...