China’s Debt-to-GDP Ratio Rises to Fresh Record of 286.1%
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The Chinese economy’s debt ratio reached a new record high, according to central bank and statistics bureau data compiled by Bloomberg.
The macro leverage ratio — or total debt as a percentage of gross domestic product — inched up to 286.1% in the fourth quarter. The debt ratio held by household and non-financial corporates both declined, while government sector saw an increase of 2.3 percentage points.