There are also significant stories re the "so called" increase to seriously doubt it's authenticity
China's debt-to-GDP ratio reached a record 288% in 2023. But even that eye-popping figure does not capture the uncomfortable fact that much of it was borrowed to buy assets that no longer yield enough income to repay the debt.4 Mar 2024
https://www.aspistrategist.org.au/is-chinas-economy-about-to-go-bust/
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