17-12-2024, 10:38 AM
(16-12-2024, 07:58 PM)teaserteam Wrote: This was the overall picture of what the banks have loaned to China's private sectors including households in 2022. Looking forward to the 2023/24 chart.
The chart shows that China's household debt is 60% of GDP and the rest is from private enterprises and institutions which might include LGFV.
The US has a totally different picture
What does this entail then for China and USA?