China’s debt tops 300% of GDP, now 15% of global total – IIF
A key gauge of China’s debt has topped
300% of gross domestic product, according to the Institute of
International Finance (IIF), as Beijing steps up support for the
cooling economy while trying to contain financial risks.
300% of gross domestic product, according to the Institute of
International Finance (IIF), as Beijing steps up support for the
cooling economy while trying to contain financial risks.
Posted by Reuters
