Liqun: 'No impending debt crisis in China’
Since the global financial crisis of 2008, China has been the key driver of economic growth. But confidence has now given way to insecurity - China's debt as a share of GDP has been rapidly growing and now stands at 200%.
The Chairman of China International Capital Corporation, Jin Liqun told BBC HARDtalk that despite debt being a big issue in China, there was "no impending debt crisis" in the country.
He said it was important that China seeks to curb new debt, but investment projects should be assessed on a case by case basis.
You can see the full interview on BBC World News at 16:30 and 21:30 GMT on Wednesday 19 March and on the BBC News Channel on Thursday 20 March at 00:30 and 04:30 GMT.
24 Mar 2014
- From the section Business