Bloomberg Businessweek (North America)

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

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.

 ??  ??

Newspapers in English

Newspapers from Canada