How China accumulated $28T in debt

Re:How China accumulated $28T in debt by hackaflocka on Thursday January 28, 2016 @04:38PM (#10991577)

What does "Chinese debt" refer to?

- Debt owed by Chinese citizens?

- Debt owed by companies headquartered in China?

- Debt owed by the Chinese Govt?

What about a Chinese multinational that has offices all over the world, and has incurred debt all over the world? Is all their debt considered as Chinese debt?

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Re:How China accumulated $28T in debt by ChuckMcM on Thursday January 28, 2016 @04:42PM (#10991607)

Debt instruments denominated in Yuan (renminbi) [1]

[1] http://www.economist.com/news/business-and-finance/21679341-...

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Re:How China accumulated $28T in debt by hackaflocka on Thursday January 28, 2016 @05:00PM (#10991728)

Thanks. But that's a very fuzzy concept innit? After all, currencies are convertible and fungible. All that it really implies is that the high debt levels will likely keep the value of the Yuan low.

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Re:How China accumulated $28T in debt by hackaflocka on Thursday January 28, 2016 @05:11PM (#10991819)

On a separate note, can some foreign company or government issue debt instruments denominated in Yuan? Why not? It's a convertible currency after all...

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Re:How China accumulated $28T in debt by seanmcdirmid on Thursday January 28, 2016 @07:06PM (#10992567)

The RMB is not a fully convertible currency, so no.

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