EconomicGlobal
China’s debt interest costs are soaring above U.S. levels and growing faster than any other budget category as Beijing struggles to prop up growth
Published:
News summary
China's spending on interest payments accounts for 19% of the central government’s general public budget and skyrocketed 341% between 2013 and 2025.
- Importance
- Low · 23/100
- Impact direction
- Uncertain