Is China's Debt a Cause for Concern?
China’s mountain of debt may be posing a greater risk. A warning indicator for banking stress climbed to a record in the first quarter. The Bank for International Settlements said China’s credit-to-gross domestic product “gap” stood at 30.1 percent, the highest for the nation in data stretching back to 1995. Haitong Securities Head of China Research Miranda Carr discusses with Bloomberg's Francine Lacqua on "The Pulse."