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