China’s debt tops 300% of GDP, constituting 15% of all global debt – report

A report from the Institute of International Finance (IIF) has shown rising debt levels worldwide. The world’s second-largest economy China’s debt exceeded 303 percent of gross domestic product in the first quarter of the year.
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Source: https://www.rt.com/business/464455-china-debt-gdp-economy/?utm_source=rss&utm_medium=rss&utm_campaign=RSS
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