ANZ Bank's China chief sees little chance of credit crisis

ANZ Bank's China chief sees little chance of credit crisis

Xi Jinping, China's president, front row center, and other leaders and delegates attend the closing session of the 19th National Congress of the Communist Party of China at the Great Hall of the People in Beijing, China. Photographer: Qilai Shen/Bloomberg

China will further open its capital markets to foreign investors, helping the nation dodge any credit crisis by lightening its $18 trillion load of corporate debt, according to Australia and New Zealand Banking Group Ltd.’s top banker in the country.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter