China’s Economy: Hidden Liabilities Could Hit 300–450% of GDP
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🧨🌏 The IMF pegs China’s public debt at 84% of GDP in 2023, with central government debt at 25.6% ($4.23T) by 2024.
🌐 Yet, hidden liabilities might push real debt to 300–450% of GDP—3.7x the US—raising concerns about fragility.
💡Official figures mask local government and corporate debt, per web analyses, challenging the narrative of stability. Is this a looming crisis or an overstated risk?