It’s no secret that China’s economy has hit some bumps in the road this year. In a new report, UBS analyst Tao Wang discussed exactly what is going on in China and how the nation can reduce its financial risk.
The Problems
According to Wang, property-related adjustment remains the biggest drag on growth in China. For now, he sees policy initiatives in China focused on fiscal and infrastructure targets.
He believes the major financial risk China faces must be addressed by reducing the debt-servicing burden, stabilizing nominal growth and the restructuring debt and excess capacity.
Financial Risk
Wang sees…
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