China in 2 minutes a day
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Will China’s financial bust ever come?

credit-to-GDP gauge from the Bank for International Settlements shows that China reached a record high of 30.1 percent in March 2016. "It's the single most reliable indicator of looming financial crises, according to the BIS, which found in a 2011 analysis of 36 countries that a majority of banking crises followed readings higher than 10 percent." Related: For a more sanguine take, listen to our Sinica podcasts: Why China bears are wrong: An interview with Andy Rothman and Arthur Kroeber vs. The Conventional Wisdom.
9 months 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
Top news and analysis delivered to your inbox