The Institute of International Finance (IFF) estimated that China’s total domestic debt would likely to hit 335 per cent of gross domestic product (GDP) in the second quarter of 2020, up from 318 per cent in the first quarter – the largest quarterly increase on record. Photo: AP
Explainer |
China debt: how big is it and who owns it?
- The Institute of International Finance (IIF) estimated that China’s total domestic debt rose to 335 per cent of gross domestic product (GDP) in 2020
- Broadly speaking, China’s debt can be divided into domestic debt and foreign debt
Knowledge |
China Economy
The Institute of International Finance (IFF) estimated that China’s total domestic debt would likely to hit 335 per cent of gross domestic product (GDP) in the second quarter of 2020, up from 318 per cent in the first quarter – the largest quarterly increase on record. Photo: AP
