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In the News

The ghost collateral that haunts China

Geoff Riley

31st May 2017

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The credit rating on China's sovereign debt has been lowered for the first time in three decades. With the Chinese mainland facing its slowest growth in over a quarter of a century, defaults are mounting as borrowers struggle to repay their loans. For most China analysts this is the single biggest challenge / risk facing the economy at a crucial stage of her development journey. Read more from the special Reuters China report.

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff

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