In debates about whether growth is a percentage point up or down, we too often lose sight of the absolute scale of China's economy. No matter what rate the country grows at in 2016, its share of the global economy, and of many specific sectors, will be larger than ever.
Debt levels at China's 200 biggest companies increased by five times between 2007 and 2013 and financial pressures on them will likely intensify as the economy continues to cool, Standard & Poor's said.
