久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

chinadaily.com.cn
left corner left corner
China Daily Website

China's outstanding corporate debt to surpass US

Updated: 2013-05-15 21:43
By Wang Xiaotian ( chinadaily.com.cn)

China's outstanding corporate debt will catch up and surpass the United States to become the largest globally within the next two years, said Standard & Poor's Ratings Services in a report released on Tuesday.

"We expect the debt needs of China, with its higher nominal GDP growth rate, to reach $18 trillion over the next five years ending 2017 — a significant share of the estimated $53 trillion of global refinancing and new money requirements over this period," said the international ratings agency.

Of the $49 trillion-$53 trillion in financing that non-financial corporates will need from 2013-2017, outstanding debt to be refinanced accounts for about $34.7 trillion, and new money that borrowers will seek to fund growth makes up $14.7 trillion-$18.7 trillion, it said.

The developed Western economies of the US, Canada, the eurozone, and the United Kingdom account for about $18 trillion, or 53 percent, of the refinancing amount. Of the Asia-Pacific region's almost $16 trillion refinancing need over the five-year period, China's $8 trillion accounts for about half, according to the report.

Within the next five years, China's economic expansion could see its non-financial corporates looking for $16 trillion-$18 trillion in financing. As it stands, the country's credit boom has resulted in outstanding corporate debt of 134 percent of GDP, said S&P.

It added that China's surging corporate credit is mainly attributable to high levels of investment, primarily in manufacturing, real estate, and infrastructure, and credit growth that fuels the investment.

"Absent a more substantial rebalancing of the economy toward consumption, away from investment, China's corporate debt growth is likely to continue at a fast pace for the foreseeable future."

But among a sample of 32 economies, China has the highest risk of an economic correction because of low investment productivity, it said.

And a fairly quick rise in banks' non-performing loans above currently manageable levels might be triggered by an attempt to rebalance the economy to depend less on investment and more on consumption, as government policy may cause investment to scale down faster than consumption can compensate for the slack, said the report.

 
...
...
...
久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

    成人精品一区二区三区中文字幕| 日本韩国欧美三级| 国产精品丝袜一区| 97国产精品videossex| 一区二区免费看| 欧美一区二区三区白人| 国产成人亚洲综合a∨婷婷| 亚洲欧美在线视频观看| 欧美日韩国产在线观看| 国产自产v一区二区三区c| 国产精品乱码一区二三区小蝌蚪| 欧美亚洲一区二区在线| 蜜桃精品在线观看| 国产精品白丝在线| 欧美巨大另类极品videosbest| 国产精品一区在线观看乱码| 亚洲免费在线视频| 欧美mv和日韩mv的网站| 91啪亚洲精品| 美女国产一区二区| 亚洲欧美另类图片小说| 日韩欧美国产三级| 不卡视频在线观看| 日韩av中文在线观看| 国产精品色哟哟| 欧美男男青年gay1069videost | 国产毛片精品国产一区二区三区| 亚洲三级小视频| 日韩欧美一二区| 一本色道久久综合精品竹菊| 久久99国产精品免费网站| 亚洲欧洲综合另类| www国产成人| 欧美日韩一区国产| 国产91精品精华液一区二区三区| 亚洲成a人在线观看| 日本一区二区三区在线观看| 欧美日韩国产欧美日美国产精品| 顶级嫩模精品视频在线看| 日韩av电影免费观看高清完整版在线观看 | 日韩视频一区二区| 色偷偷成人一区二区三区91| 国产乱子伦一区二区三区国色天香| 亚洲精品成人天堂一二三| 久久久久久久久久美女| 欧美日韩精品久久久| 成av人片一区二区| 国内久久婷婷综合| 日韩国产在线一| 一区二区欧美精品| 国产精品久久久久久亚洲伦| 精品国精品国产| 欧美日韩免费高清一区色橹橹 | 国产精品一区二区男女羞羞无遮挡| 亚洲国产精品麻豆| 1区2区3区国产精品| 欧美精品一区二区在线播放| 这里是久久伊人| 欧美羞羞免费网站| av欧美精品.com| 国产精品小仙女| 久久99国产精品久久99| 亚洲不卡av一区二区三区| 亚洲欧美激情在线| 国产精品盗摄一区二区三区| 久久精品一区二区| 精品国产露脸精彩对白| 欧美一区二区久久| 欧美人与性动xxxx| 欧洲一区二区av| 日本丶国产丶欧美色综合| av一区二区三区| 成人动漫中文字幕| 成人综合婷婷国产精品久久蜜臀| 国内久久婷婷综合| 麻豆视频一区二区| 人妖欧美一区二区| 日韩国产一区二| 日日摸夜夜添夜夜添精品视频 | 成人精品免费看| 国产精选一区二区三区| 久久99精品久久久久久动态图| 日本人妖一区二区| 日韩成人午夜精品| 天天操天天色综合| 午夜不卡av免费| 爽好多水快深点欧美视频| 亚洲mv大片欧洲mv大片精品| 亚洲国产日韩综合久久精品| 亚洲国产精品自拍| 午夜电影久久久| 日韩专区在线视频| 秋霞av亚洲一区二区三| 日本午夜一本久久久综合| 热久久国产精品| 美女国产一区二区三区| 久久99久久99小草精品免视看| 捆绑调教美女网站视频一区| 男女激情视频一区| 久久精品二区亚洲w码| 国产一区高清在线| 国产精品一线二线三线| 国产成人免费视频一区| 成人v精品蜜桃久久一区| 成人av在线资源网| 色悠悠亚洲一区二区| 欧美色中文字幕| 欧美精品18+| 欧美电视剧免费观看| 久久久一区二区三区| 欧美国产一区二区| 最新成人av在线| 亚洲综合图片区| 日韩va欧美va亚洲va久久| 精品一区二区免费看| 成人一区二区三区| 一本久久综合亚洲鲁鲁五月天| 精品视频色一区| 欧美一级精品大片| 久久精品一区四区| 亚洲摸摸操操av| 日韩电影免费一区| 国产毛片精品一区| 91碰在线视频| 欧美一区二区三区啪啪| 久久久久久一二三区| 亚洲丝袜另类动漫二区| 亚洲va欧美va国产va天堂影院| 麻豆成人av在线| 国内精品第一页| 欧美性一二三区| 欧美精品久久久久久久久老牛影院| 日韩视频一区二区三区 | 91麻豆精品国产自产在线观看一区 | 久久久777精品电影网影网| 中文字幕一区二区三区色视频| 亚洲精品欧美在线| 日韩精品欧美成人高清一区二区| 国产一区在线精品| 91影院在线免费观看| 欧美精三区欧美精三区| 久久久精品黄色| 一区二区三区精品在线| 免费观看91视频大全| 成人精品一区二区三区四区| 欧美日韩欧美一区二区| 久久久99久久| 亚洲国产精品久久人人爱蜜臀| 精品一区二区三区影院在线午夜 | 日韩精品一区二区三区在线观看| 中文字幕av一区二区三区| 亚洲永久精品大片| 国产精品77777| 欧美视频一二三区| 久久久久久综合| 亚洲一区av在线| 国产精品一区二区在线观看不卡| 欧美在线视频你懂得| 久久网站热最新地址| 一区二区三区在线高清| 国产在线观看免费一区| 欧美在线观看一二区| 久久久久久99精品| 亚洲高清一区二区三区| 成人三级伦理片| 日韩精品最新网址| 一区二区三区在线免费观看| 国产精品18久久久久久久久 | 中文字幕精品一区二区三区精品| 午夜免费欧美电影| gogo大胆日本视频一区| 欧美精品一区二区久久久| 亚洲一区在线播放| 成人高清视频免费观看| 日韩欧美一二区| 亚洲午夜免费视频| 不卡av在线免费观看| 精品国免费一区二区三区| 亚洲成在线观看| 99re成人在线| 国产欧美日韩精品在线| 玖玖九九国产精品| 国产精品精品国产色婷婷| 另类专区欧美蜜桃臀第一页| 欧美视频一区在线| 亚洲免费在线观看视频| 粉嫩在线一区二区三区视频| 欧美电视剧在线看免费| 日韩精品免费视频人成| 色婷婷精品久久二区二区蜜臂av | 国产精品毛片高清在线完整版| 精品综合免费视频观看| 欧美精品日韩一本| 亚洲一二三四久久| 91浏览器在线视频| 国产精品视频你懂的| 国产老女人精品毛片久久| 日韩三级精品电影久久久| 五月天精品一区二区三区| 欧洲精品一区二区|