China will likely post positive economic growth for the full year and the leverage ratio is expected to stabilize in 2021 after debt climbed in the wake of the coronavirus pandemic, the central bank governor said. The macro leverage ratio -- the percentage of debt in households, non-financial enterprises and governments to total gross domestic product -- “has increased this year due to the fight against the pandemic,” Governor Yi Gang said in a speech at the Financial Street Forum in Beijing, according to a statement published Wednesday on the central bank’s website. “It will become more stable after GDP growth picks ... (full story)