China's Debt_ China’s Debt Crackdown Could Get Out of Hand

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China’s Debt Crackdown Could Get Out of Hand

China’s leaders have a window to tackle risks before the economy slows and the Party leadership conference in the fall. They are taking it.

By Nathaniel Taplin
June 23, 2017 3:53 a.m. ET

China is poised for a once-in-five-years conference this fall, where the next generation of Communist Party leadership will be chosen. Nothing dramatic can happen before that, right?

Wrong. The winter of 2016 and spring of 2017 have already proven to be among the most volatile in memory—particularly in the bond market where yields shot higher, but also in stocks, which felt the heat from the broad regulatory crackdown on debt in April and May. The latest victims are China’s highflying overseas deal makers Anbang, HNA,...

READ MORE: https://www.wsj.com/articles/chinas-debt-crackdown-could-get-out-of-hand-1498204384?tesla=y

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