总信贷量也从相当于GDP的130%飙升到200 % ， 无论是银行贷款还是“影子银行”信贷都急剧扩张。
The investment ratio rose to 47% by 2012, and construction now accounts for 30% of all output. Total credit has risen from 130% of GDP to 200%, with both bank loans and “shadow bank” credit expanding rapidly.