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A comment on What Does Evergrande Meltdown Mean for China?. Parent comment

Re:What Does Evergrande Meltdown Mean for China? by topkai22 on Thursday September 23, 2021 @11:15AM (#28630378)
Public debt = all loans to the government of a country

US Federal Debt = all loans to the US Federal Government (which excludes loans to state and local governments).

Private Debt = all loans to non-governmental entities (individuals/businesses/corporations) in a country.

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Re:What Does Evergrande Meltdown Mean for China? by xyzzy21 on Thursday September 23, 2021 @11:19AM (#28630440)
In China there really isn't a difference - the Communist Party is partial owner of ALL "private" corporations.
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Re:What Does Evergrande Meltdown Mean for China? by eunos on Thursday September 23, 2021 @11:29AM (#28630636)
If party owned Evergrande they don't need to have three red lines drama
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