Indeed, the first public exposure of this problem appeared in Insight in an article by Timothy W. Maier (see "PLA Espionage Means Business, " March 24, 1997, and "U.S. Is Financing China's War Plan, " May 12, 1997).

CENTERFORSECURITYPOLICY: China cashes in

That would take China's stock of financing to 185% of GDP, up from 124% in 2007.

ECONOMIST: China does its bit to calm worries about the world economy

China's total social financing, a broader measurement of credit, jumped to 7.9 trillion yuan in the first four months of the year, up from 4.85 trillion yuan a year earlier.

WSJ: Chinese Banks Cut Back on Wealth-Management Products