中国信贷以内债为主、政府对金融业的主导、货币和财政政策调整空间以及相对封闭的资本项目管制,大幅降低了系统性风险2016年5月下旬至6月下旬,我们在北京、上海、香港和新加坡召开了系列信用研讨会,对中国高企且仍不断升高的债务杠杆展开讨论。近550家大型投资机构、中介结构、发行人和监管机构 Due to the domestic debt of China Credit, the government’s dominance in the financial industry, the space for monetary and fiscal policy adjustments and the relatively closed capital account control, the Company systematically reduced the systemic risk. From late May to late June 2016, we set up branches in Beijing, Shanghai, Hong Kong and Singapore held a series of credit seminars to discuss China’s high and still rising debt leverage. Nearly 550 large investment institutions, intermediaries, issuers and regulators