A Study of the Turning Point of China's Debt

<div>This book proposes a method for calculating China’s debt based on a quantitative econometric analysis. This is conducted by measuring the relationship between China’s debt size and economic growth.&nbsp; The conclusion that is reached is as follows: China’s current debt has already exceeded the inflection point, and that means that it is now having an adverse effect on its economic performance.</div><div><br></div><div>The book also focuses on China's debt problems as a whole, highlighting debt issues faced by different entities and industries, as well as the ratio and structure of the virtual and real economies. The contents are presented in three major principles: theory, oriented,data, and&nbsp; oriented policy.&nbsp;</div>