China's total debt is more than double GDP: govt economist

China's total debt is more than double GDP: govt economist Beijing (AFP) June 16, 2016 - China's total borrowings were more than double its gross domestic product (GDP) last year, a government economist said, warning that debt linkages between the state and industry could be "fatal" for the world's second largest economy. The country's debt has ballooned as Beijing has made getting credit cheap and easy in an effort to stimulate slowing growth, unleashing a massive, debt-fuelled ... more

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