China debt: has it changed in 2021 and how big is it now?

//China debt: has it changed in 2021 and how big is it now?

China debt: has it changed in 2021 and how big is it now?

What is the nature of China’s debt?Broadly speaking, China’s debt can be divided into domestic debt and foreign debt.China’s domestic debt, denominated in yuan, consists of three components: corporate, household and government debt. Corporate debt includes borrowings by private sector and state-owned companies. Public debt is a combination of national and local government debt.Household debt is the combined debt of all people in a household, including consumer debt and mortgage loans.China’s…

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By | 2021-06-05T12:00:09+00:00 June 5th, 2021|Business|Comments Off on China debt: has it changed in 2021 and how big is it now?