Yeah, sure. China has a debt to GDP of 88.6%. That’s not great. Luckily we don’t have that problem in western capitalist countries, right?
- USA: 121%
- Canada: 104.7%
- UK: 101.8%
- France: 111.6%
- Japan: 251.2%
- Italy: 136.9%
- Belgium: 105%
Comment on Public transit in Chengdu, China versus Toronto, Canada
anachrohack@lemmy.world 1 day agoYeah, sure. China has a debt to GDP of 88.6%. That’s not great. Luckily we don’t have that problem in western capitalist countries, right?
I also didn’t only post numbers for the US.
zbyte64@awful.systems 1 day ago
Did you know that most of China’s debt is held domestically?