China’s credit has kept investors awake for at least a decade. For years, the question has been to ask when the country will finally succumb to a “Minsky moment”, when investors realise that current levels of debt are untenable and take flight.
中國的信貸已經讓投資者擔心了至少十年。多年來，人們的疑問一直是：中國何時會最終成爲「明斯基時刻」(Minsky moment)的俘虜？投資者何時會意識到目前的債務水準無法維持，然後大規模出逃？
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