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China Debt a Risk but Authorities Are Handling It: Moody’s

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High debt levels in China are a risk but an imminent global financial crisis-type implosion is unlikely, a Moody’s Investors Service economist said Tuesday.

Concerns over China’s debt buildup have risen in recent months amid a broader slowdown in the world’s second-largest economy.

Influential investors such as Kyle Bass and George Soros have warned of a credit crisis in China, with Bass noting the presence of “ticking time bombs” in China’s banking system.

These concerns have also been reflected in less enthusiastic assessments of China’s creditworthiness in recent months.

CNBC

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Craig Erlam

Craig Erlam

Former Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary.

His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News.

Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
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