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1176741
unstar this property registered interest false more like this
unstar this property date remove filter
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Treasury more like this
unstar this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Debts: China more like this
star this property house id 1 remove filter
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25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what assessment his Department has made of the potential effect of trends in the level of debt in China on the world financial system. more like this
star this property tabling member constituency Warley remove filter
star this property tabling member printed
John Spellar more like this
star this property uin 13414 more like this
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answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2020-02-13more like thismore than 2020-02-13
star this property answer text <p>As highlighted by several institutions, including the International Monetary Fund, there are material risks associated with indebtedness in China.</p><p> </p><p>The Financial Policy Committee of the Bank of England, which is responsible for monitoring risks to financial stability in the UK, reflected the risk of a severe recession in China, which would encompass factors such as its debt levels, in its 2019 stress tests of UK banks. The FPC concluded that the UK banking system would be resilient to this risk.</p><p><strong> </strong></p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen more like this
star this property question first answered
less than 2020-02-13T12:11:46.757Zmore like thismore than 2020-02-13T12:11:46.757Z
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4051
star this property label Biography information for John Glen more like this
unstar this property tabling member
318
unstar this property label Biography information for John Spellar more like this