How China accumulated $28T in debt

Re:How China accumulated $28T in debt by vkou on Thursday January 28, 2016 @04:01PM (#10991297)

For context, the US has ~$145T outstanding public and private debt.

https://en.wikipedia.org/wiki/Financial_position_of_the_Unit...

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Re:How China accumulated $28T in debt by cromwellian on Thursday January 28, 2016 @04:18PM (#10991440)

But it's assets are huge, such that there's a net $128 trillion. The question is, what's the other side of China's balance sheet look like?

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Re:How China accumulated $28T in debt by AnimalMuppet on Thursday January 28, 2016 @04:43PM (#10991617)

I'm not arguing with you, but... what's the source of that number?

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Re:How China accumulated $28T in debt by nness on Thursday January 28, 2016 @05:02PM (#10991741)

The very first sentence of the linked Wikipedia article.

"The financial position of the United States includes assets of at least $269.6 trillion (1576% of GDP) and debts of $145.8 trillion (852% of GDP) to produce a net worth of at least $123.8 trillion (723% of GDP) as of Q1 2014."

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