The Secretary of the Treasury security issues of Chinese government debt

China finance minister of Czech just put this attention today, "the mountain long water" underinflation is becoming more and more likely to cause a financial crisis and insisted that the debt level is still under control.

Speaking at a news conference on March 7th, Congress is meeting in Czech highlights the annual target, he said: "we can not guarantee a systemic risk."

While acknowledging your local government supervision and management need to work even more closely to mobilize funds, through the issuance of bonds, finance minister of Czech target for the general government is still under security restrictions.

The organization says a more Chinese total government debt levels percent drop in 36,7 GDP equivalent from 2016 to 2017 GDP 36,2%.

Before that, many other officials also agreed to China opinion with you the same goal, working in a high risk of the financial management of the country, while still allowing increased debt, although slow, although many foreign institutional opinions; on the left side of the problem.

Before that, the International Monetary Fund (IMF) has repeatedly warned of the danger, need from debt problems in China increasing, called on Beijing's measures to reduce debt.

At a news conference, said the minister, in Czech in 2018 as the target year, and Chinese will still maintain the policy direction of the lock, to support economic growth targets, despite the government's deficit is reduced, the market worried about whether the background in Beijing consider reducing the economic scale of stimulus or not.

The first week of today, Prime Minister Li Keqiang said, the goal is to reduce the China corresponding to 2,6% of the total domestic deficit level (GDP 2018), reduced by zero point four percentage points compared to 2017.

This is the first time the decrease in the rate of GDP under China in the past three years when the target is maintained at two level in 2016 and 2017 / 3%.