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A source for my speculation? No. A source for the high debt to GDP ratio? A simple Google search would suffice, but here: https://www.bloomberg.com/news/articl
by smaddox 8y ago
A source for my speculation? No.
A source for the high debt to GDP ratio? A simple Google search would suffice, but here: https://www.bloomberg.com/news/articles/2018-02-08/sizing-up-china-s-debt-bubble-bloomberg-economics https://www.bloomberg.com/news/articles/2018-02-08/sizing-up...
- isostatic 8y agoBloomberg claim 256% debt:gdp ratio, but it's hard to collaberate. China doesn't appear on Business Insiders list from 2015 [0], which has Japan at 250%ish. Trading economics [1] has China at 48% government debt:gdp Household debt isn't that bad either, however the grauniad has the answer -- corporate debt is sky-high [2]. It also mentions that by this measure (Corporate + household + government debt), the U.S. is 331%. It's an interesting article, albeit from 2 years ago [0] http://uk.businessinsider.com/wef-countries-with-highest-level-of-government-debt-vs-gdp-2015-10?IR=T/ http://uk.businessinsider.com/wef-countries-with-highest-lev... [1] https://tradingeconomics.com/china/government-debt-to-gdp https://tradingeconomics.com/china/government-debt-to-gdp [2] https://www.theguardian.com/business/2016/jun/16/chinas-debt-is-250-of-gdp-and-could-be-fatal-says-government-expert https://www.theguardian.com/business/2016/jun/16/chinas-debt...