<strike id="gegfc"><dl id="gegfc"></dl></strike>
<sub id="gegfc"></sub>

    <mark id="gegfc"></mark>

      Deleveraging conducive to China's economy in long term

      Source: Xinhua| 2018-12-06 10:43:51|Editor: Li Xia
      Video PlayerClose

      BEIJING, Dec. 6 (Xinhua) -- Although China's deleveraging push may slow growth in the short term, it will be conducive to the country's economy in the long haul, China Daily reported Thursday, citing Bridgewater Associates founder Ray Dalio.

      China's goals to maintain growth and cut leverage levels may not necessarily lead to economic difficulties, Dalio was quoted as saying.

      "Naturally, slowing or stopping bad lending slows economic growth over the short term and helps it over the long term," Dalio said.

      As long as China continues making rapid reforms and broadening the expansion to less-developed parts of the economy while maintaining stability, the long-term prospects are very bright because that rapid productivity growth will continue, he said.

      China's central government has been keeping up efforts to curb excess lending to state-owned enterprises, especially those in heavy industry suffering from overcapacity, while striving to maintain credit supply to more productive borrowers.

      Deleveraging is one of the important tasks in China's supply-side structural reform.

      China's economy expanded 6.7 percent in the first three quarters of the year, above the government's annual growth target of around 6.5 percent set for 2018.

      TOP STORIES
      EDITOR’S CHOICE
      MOST VIEWED
      EXPLORE XINHUANET
      010020070750000000000000011100001376546611
      中文字幕日韩无线码在线一区_制服肉丝亚洲中文字幕_日韩欧美无砖专区一中文字目_国产精品点击进入在线影院高清
      <strike id="gegfc"><dl id="gegfc"></dl></strike>
      <sub id="gegfc"></sub>
      
      
        <mark id="gegfc"></mark>
          亚洲欧美另类中文字幕在线 | 亚洲人在线视频 | 日韩精品92午夜福利免视频 | 亚洲欧洲日本中文a∨ | 五月婷中文字幕 | 亚洲精品A人在线观看 |