No. of Recommendations: 8
"Yes, China has significant debt, with total non-financial debt exceeding 300% of its GDP, driven by massive borrowing for infrastructure and growth, especially through local government financing vehicles (LGFVs) and state-owned enterprises, leading to concerns about hidden local government debt and rising corporate leverage. While the central government's debt-to-GDP ratio (around 88% in 2024) is lower, the combined debt of local governments, corporations, and state banks creates a substantial financial burden, with projections showing continued growth."
Yep.And how is China using that debt?
Kicking world automakers in the teeth by taking over the world EV manufacturing capacity. They now make 40+% of EVs.
Competing in AI race using cheaper chips.
And exporting renewable energy.
https://www.economist.com/leaders/2025/11/06/china...China is making more money from exporting green technology than America makes exporting fossil fuels.The US has wasted trillions in attempting regime change throughout the world. And is currently wasting dollars in defense spending on crappy defense systems.
The US seems to be intent on losing the technological war to China which will lead to the loss of the economical war against China.
