<div><a href="http://gdb.voanews.com/AB7526D7-7E35-4A67-914C-2F233017B1F3_mw1024_s_n.png" rel="ibox" title="麦肯锡咨询机构网站截图" style="font-family: NSimSun, SimSun, PMingLiU, Arial, Helvetica, \’Arial Unicode MS\’, sans-serif; font-size: 15px; text-decoration: none; color: #132fbe; background-color: #ffffff;"><img alt="麦肯锡咨询机构网站截图" border="0" src="http://gdb.voanews.com/AB7526D7-7E35-4A67-914C-2F233017B1F3_w640_r1_s.png" style="border-style: none; display: block; margin: 6px 0px 10px;" /></a></div><div style="font-family: NSimSun, SimSun, PMingLiU, Arial, Helvetica, \’Arial Unicode MS\’, sans-serif; padding: 0px; margin: 0px; font-size: 15px; clear: both; line-height: 18px; width: 640px; background-color: #ffffff;"><span style="font-family: NSimSun, SimSun, PMingLiU, Arial, Helvetica, \’Arial Unicode MS\’, sans-serif; color: #666666; line-height: 13px; margin-top: -6px; padding-top: 0px; display: block; padding-bottom: 12px; clear: both;">麦肯锡咨询机构网站截图</span></div><div> </div><div><p style="font-size: 15px; line-height: 22px; font-family: NSimSun, SimSun, PMingLiU, Arial, Helvetica, \’Arial Unicode MS\’, sans-serif; margin-bottom: 1.5em; padding: 0px; background-color: #ffffff;">中国的债务总额已经达到了其GDP的282%。虽然其他世界主要经济体与此相差不远，但中国借贷的速度让政策制定者感到担忧。</p><p style="font-size: 15px; line-height: 22px; font-family: NSimSun, SimSun, PMingLiU, Arial, Helvetica, \’Arial Unicode MS\’, sans-serif; margin-bottom: 1.5em; padding: 0px; background-color: #ffffff;">根据麦肯锡全球全球研究所的报告，就全球标准而言，中国中央政府的借贷数额是在较低水平上，但地方政府的处境则极为脆弱，在全球金融危机之后大举借贷，目前在还贷方面正拼命挣扎。</p><p style="font-size: 15px; line-height: 22px; font-family: NSimSun, SimSun, PMingLiU, Arial, Helvetica, \’Arial Unicode MS\’, sans-serif; margin-bottom: 1.5em; padding: 0px; background-color: #ffffff;">尽管目前银行还没有亮起红灯，但坏账的信号却给未来带来了更黯淡的前景。上个月中国电力制造商，保定天威集团已经成为第一家拖欠国内债务的国有企业。</p><p style="font-size: 15px; line-height: 22px; font-family: NSimSun, SimSun, PMingLiU, Arial, Helvetica, \’Arial Unicode MS\’, sans-serif; margin-bottom: 1.5em; padding: 0px; background-color: #ffffff;">对中国来说，好的消息是普通消费者有着很大的借贷空间，评估认为消费能够帮助弥补由于投资放缓而造成的越来越多的债务。渣打银行的分析认为，中国的借贷与GDP比率是稳定的。</p> </div><div id="mainMediaBig" style="font-family: NSimSun, SimSun, PMingLiU, Arial, Helvetica, \’Arial Unicode MS\’, sans-serif; padding: 0px; margin: 0px; font-size: 15px; line-height: 18px; background-color: #ffffff;"></div><div style="font-family: NSimSun, SimSun, PMingLiU, Arial, Helvetica, \’Arial Unicode MS\’, sans-serif; padding: 0px; margin: 0px; font-size: 15px; line-height: 22px; background-color: #ffffff;"><div style="font-family: NSimSun, SimSun, PMingLiU, Arial, Helvetica, \’Arial Unicode MS\’, sans-serif; padding: 0px; margin: 0px 0px 8px; font-size: 15px;"><div style="font-family: NSimSun, SimSun, PMingLiU, Arial, Helvetica, \’Arial Unicode MS\’, sans-serif; color: #717070; padding: 0px 0px 6px; margin: 0px; font-weight: bold; line-height: 15px;"><span style="font-family: NSimSun, SimSun, PMingLiU, Arial, Helvetica, \’Arial Unicode MS\’, sans-serif; font-weight: bold;"><br /><br /></span></div><p style="font-family: NSimSun, SimSun, PMingLiU, Arial, Helvetica, \’Arial Unicode MS\’, sans-serif; color: #717070; padding: 0px; margin-bottom: 1.5em; font-size: 11px; line-height: 11px;"><br /></p></div><div id="ctl00_ctl00_cpAB_cp1_cbcContentBreak" style="font-family: NSimSun, SimSun, PMingLiU, Arial, Helvetica, \’Arial Unicode MS\’, sans-serif; padding: 0px; margin: 0px; font-size: 15px;"><div style="font-family: NSimSun, SimSun, PMingLiU, Arial, Helvetica, \’Arial Unicode MS\’, sans-serif; padding: 0px; margin: 0px 0px 0px 135px; font-size: 15px;"><p style="font-family: NSimSun, SimSun, PMingLiU, Arial, Helvetica, \’Arial Unicode MS\’, sans-serif; padding: 0px; margin-bottom: 1.5em; font-size: 15px; line-height: 22px;"><br /></p></div></div></div>