#china-debt News & Analysis

Forget U.S. debt, China’s total borrowing is in ‘a league of its own’—much worse and deteriorating faster, analyst says

China's total debt across public and private sectors has reached 300% of GDP, significantly exceeding U.S. debt levels and deteriorating faster, according to analyst assessments. This mounting debt burden poses systemic risks to China's economic stability and could have ripple effects across global markets and cryptocurrency valuations tied to macroeconomic conditions.