China Won’t Have Financial Crisis in Next 3-5 Years: JPMorgan
China won’t have a banking or financial crisis in the next three or five years as its aggregate debt as a percentage of GDP isn’t very high, most of the debt is domestic and the nation has a large trade surplus, Zhu Haibin, chief China economist at JPMorgan, says at a conference in Hangzhou * Still, if credit growth expands too fast, China will be in the danger zone in coming years