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ECONOMY

Ex-Head of European Central Bank Calls for Vigilance on Global Debt

Jean-Claude Trichet, chairman of the Group of 30 and former president of the European Central Bank, speaks through satellite transmission at the 8th Caixin Summit on Wednesday. Trichet called for vigilance against excessive leverage. Photo: Caixin
Jean-Claude Trichet, chairman of the Group of 30 and former president of the European Central Bank, speaks through satellite transmission at the 8th Caixin Summit on Wednesday. Trichet called for vigilance against excessive leverage. Photo: Caixin

A similar amount of debt to that which triggered the global financial crisis had been built up across the world over the past few years after the chaos, said Jean-Claude Trichet, chairman of the Group of 30 and a former president of the European Central Bank. Trichet spoke at the 8th Caixin Summit on Wednesday, calling for vigilance against excess leverage.

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