IMF asks China to address high corporate debt levels due to excessive lending during COVID-19 pandemic


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Home » World » IMF asks China to address high corporate debt levels due to excessive lending during COVID-19 pandemic IMF asks China to address high corporate debt levels due to excessive lending during COVID-19 pandemic 2 hours ago ANI Beijing [China], April 7 (ANI): The International Monetary Fund (IMF) on Tuesday urged China to further address its high corporate debt levels resulting from its monetary policy during the COVID-19 pandemic.According to South China Morning Post (SCMP), Tobias Adrian, a financial counsellor at the IMF said that China's measures to overcome the pandemic have led to a further increase in...