This Could Be A Problem: China’s Debt-To-GDP Rises To A Gargantuan 346%

by Tyler Durden
ZeroHedge.com
01/28/2016

According to the head of financial markets research Asia Pacific at Rabobank, Michael Every, not only has China not begun to delever at all, but since McKinsey’s update, its debt has risen by another 70% of GDP! According to Every, China’s 2015 debt-to-GDP might be as high as 346%, and while that is in line with wealthier developed economies but is “vastly higher” than any EM peer.

The Rest…HERE

This entry was posted on Thursday, January 28th, 2016 at 2:50 pm and is filed under China, Economics, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.