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Showing posts with label WorldWealth101.com China debt world wealth by nation wealth by country Epoch Times. Show all posts
Showing posts with label WorldWealth101.com China debt world wealth by nation wealth by country Epoch Times. Show all posts

Tuesday, September 21, 2021

Debt problem may be catching up with China—Told you so.

 Evergrande Default Could Rock China’s Entire Economy: "China’s public debt already stands at 270 percent of GDP, and non-performing loans have hit $466.9 billion." https://www.theepochtimes.com/mkt_morningbrief/evergrande-default-could-rock-chinas-entire-economy_4000625.html

Below is the data I compiled several years ago. Notice CHINA ON THE BOTTOM ROW! Net Wealth Times Government Debt. 

See: WorldWealth101.com: https://www.worldwealth101.com/2019/01/real-government-debt-coverage-by-country.html

Calculated and estimated using available 2014 through 2017 data; in US Dollars (USD).