China’s ratio of outstanding liabilities to gross domestic product rose significantly in the first quarter to hit a new record high, after the government stepped up stimulus measures to reinvigorate the economy after it recorded the slowest economic growth in nearly 30 years last year.
China's macro leverage - ratio of outstanding liabilities to gross domestic product, hit 248.8 per cent at the end of the first quarter, the highest since the record started in 1993 and 5 . . .
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