Is the Chinese Economy’s Debt Problem As Bad As Greece’s? – The Curious Capitalist – TIME.com

Is the Chinese Economy’s Debt Problem As Bad As Greece’s? – The Curious Capitalist – TIME.com.

“If you take a very broad view of the Chinese government’s contingent liabilities rather than explicit debt on the books then the number comes to well over 150 per cent of China’s GDP in 2010” – this is about 50% higher than the current official US debt to GDP ratio.

Advertisements

Leave a comment

Filed under China, Developing Nations, Economy

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s