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On debt, you're not comparing apples to apples. Chinese national debt is relatively low: around 70% of GDP. I don't know how you're getting to 270%, but I susp
by DiogenesKynikos 4y ago
On debt, you're not comparing apples to apples. Chinese national debt is relatively low: around 70% of GDP.
I don't know how you're getting to 270%, but I suspect you're lumping together all public and private debts in China, including by private companies and households. In particular, it sounds like you're quoting something like total credit to the non-financial sector. Total debt to GDP in China is not that different from the US.