3 ms·
You're comparing national debt with total debt. PRC national debt gdp is ~70%, LOWER than India ~90%. Also PRC has 5.5x the GDP / per capita vs India.
by dirtyid 4y ago
You're comparing national debt with total debt.
PRC national debt gdp is ~70%, LOWER than India ~90%.
Also PRC has 5.5x the GDP / per capita vs India.
- onlyrealcuzzo 4y agoThat's including debt held by "private" corporations that are extensions of the state. All the mega banks in China are indistinguishable from the state - you're looking at 100% of debt to GDP on their balance sheets alone.