Experts: Nation's debt risks under control
By Wang Yanfei | China Daily | Updated: 2017-07-26 07:35
China's debt risks are under control as enhanced supervision has taken effect, but regulatory bodies need to enhance coordination to tackle risk points, an economist with a government think tank said on Tuesday.
"The overall debt risks remain under control, but regulatory bodies need to enhance coordination to deal with risks emerged in sectors such as off-balance sheet activities," said Li Yang, director-general of the National Institution for Finance and Development with the Chinese Academy of Social Sciences.
Risks have been piled up in recent years in sectors such as real estate, according to Li.
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