Property Prices: China and Debt

property prices: Global Times reporter Liu Jianxi talked with Yukon Huang , a senior associate in the Carnegie Asia Program, a leading economist in Asia and former World Bank country director for China, about these issues, according to Global Times China. Some economists suggest China may face a financial crisis. However, given its debt problem and soaring property prices, many observers abroad have become more negative about China economy. What is your take Huang: Over the last 10 years, China debt to GDP ratio has increased from about 150 percent to 250 percent. The level is not a worry. The debt ratio is not unusual given China stage of development. (news.financializer.com). As reported in the news.