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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 conception on Thursday September 23, 2021 @02:56PM (#28633587)
That is not the government debt to GDP ratio - it's about 45%.

China AS A NATION is about 270%. The USA's is about 335% if my quick googling serves me.

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Re:What Does Evergrande Meltdown Mean for China? by johncearls on Friday September 24, 2021 @12:21PM (#28644517)
Thanks for pointing this out. FWIW, it appears China's number is actually 66.8%, vs the US's 108%. Your point still stands.

1 https://tradingeconomics.com/country-list/government-debt-to...

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