How China is cop­ing, or not, with $30 tril­lion-plus in debt

Bloomberg Businessweek (North America) - - News -

As China’s econ­omy slows, in­vestors are get­ting ner­vous about the amount of debt the coun­try is car­ry­ing. From 2009 to 2015, to­tal debt tripled, from $10 tril­lion to more than $30 tril­lion. It now ap­proaches 300 per­cent of gross do­mes­tic prod­uct. ——Matthew Philips

Pil­ing up

The big­gest in­crease in debt has come from China’s cor­po­rate sec­tor, where many sta­te­owned com­pa­nies took out loans from state-owned banks.

A surge in fi­nanc­ing

The broad­est mea­sures of money raised broke records in Jan­uary. The cen­tral bank hopes the flood of loans will re­vive growth.

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