China's debt is estimated to top 250 per cent of GDP.Photo: Reuters China's debt is estimated to top 250 per cent of GDP.Photo: Reuters
China's debt is estimated to top 250 per cent of GDP.Photo: Reuters

The US$26 trillion debt problem that is crushing competitiveness in China

It could take a decade for the mainland to get on top of the debt crushing its competitiveness, and slower economic growth only makes it harder

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China's debt is estimated to top 250 per cent of GDP.Photo: Reuters China's debt is estimated to top 250 per cent of GDP.Photo: Reuters
China's debt is estimated to top 250 per cent of GDP.Photo: Reuters
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