28-05-2022, 09:10 AM
China took over 10 years before XJP to accumulate about USD 3 Trillion in Foreign Reserve; this Reserve is now only 55% of PBOC's total assets; in another word, there was no contribution at all from XJP at all.
Now that China's Domestic debt is about 180% of GDP which PRC will have to pay about USD 1 Trillion of interest payments a year. There will either be nothing left in Foreign Reserve in a few years' time or PRC will be living under the pile of debts for many long years to come.
Now that China's Domestic debt is about 180% of GDP which PRC will have to pay about USD 1 Trillion of interest payments a year. There will either be nothing left in Foreign Reserve in a few years' time or PRC will be living under the pile of debts for many long years to come.
![[Image: Screenshot-2022-05-28-090127-fw.png]](https://i.ibb.co/jLbsZvS/Screenshot-2022-05-28-090127-fw.png)
Trading Economics: In China, employed persons refer to who performed some work for one hour during the reference period.