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23 October 2017

Scary Statistic: China’s Debt to GDP Ratio Reached 257 Percent in 2017

Peiyuan Lan

Concerns about China’s massive debt pile tend towards hyperbole. Doomsayers see China’s debt as unsustainable, which it is. They predict that an economic crisis is near — which it is not. If we look beyond the doom and gloom, there is much to indicate that China is far away from a looming financial crisis.There are many credible warning signs that China has a debt problem that should be taken seriously. 

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