A spate of recent commentary has been warning of the vertiginous rise in China’s debt, which jumped from 148% of GDP in 2007 to 249% at the end of the third quarter of 2015. Many are anxiously pointing out that China’s debt is now comparable to that of the European Union (270% of GDP) and the United States (248% of GDP). Are they right to worry?
https://www.project-syndicate.org/commentary/china-moving-from-debt-to-equity-by-andrew-sheng-and-xiao-geng-2016-05
I-BRIDGE's blog (Link Campus University's Research Centre on Global Affairs) - editor, Marco Emanuele - Critical thinking, complexity, international relations (Twitter, @Glob_Eye - Facebook, https://www.facebook.com/marco.emanuele.50)
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