3 ms·

TLDR: China has moved from a 170% debt to GDP ratio to a 236% ratio in six years. For comparison, the US is at a debt to GDP ratio of 270+%.

• vkou 11y ago
  You're comparing public + private Chinese debt with public US debt. The public + private US debt/gdp ratio is ~270%. https://en.wikipedia.org/wiki/Financial_position_of_the_United_States https://en.wikipedia.org/wiki/Financial_position_of_the_Unit...
  • toomuchtodo 11y ago
    Private Chinese debt becomes public if the Chinese government intends to backstop private losses.
  • danielvf 11y ago
    You are correct, I did have the wrong number.
  • qaq 11y ago
    US debt is in USD, question is how China's debt is structured.