Series: IMF Working Papers
Author(s): Sally Chen , and Joong Shik Kang
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 05 January 2018
Keywords: Financial crises, Financial cycles, Banking crises, Asia and Pacific, credit gap, debt overhang, sustainable growth, General
Strong Chinese output growth after the Global Financial Crisis was supported by booming credit. This credit boom carries risks. International experience suggests that China's credit growth is on a dangerous traject...