China’s slowing growth and massive debt threaten stock and bond investors worldwide

China’s slowing growth and massive debt threaten stock and bond investors worldwide
·4 min read

The uproar surrounding China’s beleaguered Evergrande Group, the world’s most indebted property concern, are distracting from China’s broader debt problem and slowing economic growth. China’s overall debt was 270% of its GDP at the end of 2020, up from 247% a year earlier. Foreign debt reached US$2.4 trillion in 2020.

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