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The national debt [note 1] (or government debt) of the People's Republic of China is the total amount of money owed by the central government, local governments, government branches and state organizations of China. According to the International Monetary Fund, general government debt amounted to 77% of GDP in 2022. [1]
China: Accelerating Debt Growth. China is the second-largest contributor to global government debt at 16.1%. In 2024, China's debt-to-GDP ratio stood at 90.1%. Projections show that this number ...
This is a list of countries by external debt: it is the total public and private debt owed to nonresidents repayable in internationally accepted currencies, goods or services, where the public debt is the money or credit owed by any level of government, from central to local, and the private debt the money or credit owed by private households or private corporations based on the country under ...
[1]: 81 A debt instrument is a financial claim that requires payment of interest and/or principal by the debtor to the creditor in the future. Examples include debt securities (such as bonds and bills), loans, and government employee pension obligations. [1]: 207 Net debt equals gross debt minus financial assets that are debt instruments.
China has approved a six trillion yuan ($837 billion) plan to bolster its ailing economy by allowing local governments to swap out their hidden debt, unveiling additional stimulus measures to ...
According to the International Monetary Fund, China has nearly doubled its level of debt over the past five years to about 66 trillion yuan ($9.3 trillion)—equivalent to more than half of the ...
In 2022, China's total government debt stood at approximately CN¥ 94 trillion (US$ 14 trillion), equivalent to about 77.1% of GDP. [148] In 2014, many analysts expressed concern over the overall size of China's government debt.
The Politburo rarely details policy plans, but the shift in its message shows China is willing to go even deeper into debt, prioritising, at least in the near term, growth over financial risks.