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Bank for International Settlements reports that a warning indicator for banking stress in China rose to a record level in the first quarter of 2016

he Switzerland-based Bank for International Settlements said that the difference between China's current credit-to-GDP ratio and its long-term trend stood at 30.1 percent. Readings of over 10 percent indicate risks to the banking sector.
1 year ago
Sky Canaves
By Sky Canaves
Sky Canaves previously reported for The Wall Street Journal in Beijing and Hong Kong, where she covered media, culture, social issues, and legal affairs, and served as the founding editor and lead writer of the WSJ’s China Real Time site. Prior to becoming a journalist, Sky worked in the China corporate law practice of Baker & McKenzie, and she has also taught journalism and media law at the University of Hong Kong. She speaks Mandarin and has accumulated more than a decade's experience living, studying and working in China.
China in 2 minutes a day
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