This article mentioned China's debt as a problem, which I've seen before, so I finally looked it up. One article I found said China has added $24 trillion in de

This article mentioned China's debt as a problem, which I've seen before, so I finally looked it up. One article I found said China has added $24 trillion in debt in the last ten years alone, with a debt-to-GDP ratio of about 300%. With so much money appearing out of thin air to finance this or that program or development or expansion, it's easy to imagine opportunities for corruption. Add to that giant spigot all the smaller ones, as banks participate in the boom indirectly. It's no surprise then that Xi would have to address corruption overtly, given how it must be a daily temptation for party members to steer the wealth this way or that. Considering the scale of China's growth, it's remarkable how smoothly things are going. If there's any fractiousness within party ranks, it doesn't translate into churn we can see that slows things down. https://seekingalpha.com/article/4091155-update-china-debt?page=2 https://seekingalpha.com/article/4091155-update-china-debt?p...