249 percent
China's Unsustainable Debt can Lead to Financial Outburst in the Long Run: Experts
| Maria Crisanta Echeverria | | Apr 24, 2016 01:38 PM EDT |
China's total debt increased to 249 percent of its gross domestic product (GDP) in the first quarter of this year. According to some economists, this could result in a prolonged slowdown of the country's economic growth.
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