External Debt: Short Term: % of GDP (%) 7.7 2023 yearly 1985 - 2023 Forecast: Current Account Balance (USD bn) 285.473 2029 yearly 1997 - 2029 Net International Investment Position (USD mn) 2,988,275.210 Jun 2024 quarterly Mar 2011 - Jun 2024 BoP: Current Account (CA) (USD mn)...
2007 - 2023 | Quarterly | % | CEIC DataKey information about China Household Debt: % of GDP China household debt accounted for 63.3 % of the country's Nominal GDP in Mar 2023, compared with the ratio of 61.9 % in the previous quarter. China household debt to GDP ratio is updated ...
This panoramic aerial photo taken on Jan. 10, 2023 shows a view of Lujiazui area in the China (Shanghai) Pilot Free Trade Zone in east China's Shanghai. (Xinhua/Fang Zhe) "In China, resurgent domestic consumption propelled the positive upside in the first quarter, aided by what looked ...
"We should ensure effective risk prevention and mitigation in high-quality, leading real estate enterprises, help them improve debt-to-asset ratios, and prevent unregulated expansion in the real estate market to promote stable development of the real estate sector," the report said. A slump in t...
A proactive fiscal policy and a prudent monetary policy will be continued, with the ratio of deficit to gross domestic product (GDP) set at 3 percent and the government deficit to rise by 180 billion yuan (US$25 billion) from ...
China's debt has soared to two and a half times its economy, Standard Chartered estimates, highlighting the difficulties Beijing faces in balancing growth with the risk of bubbles forming in its economy.
By the end of last year, combined debt of central and local governments in China stood at 27.33 trillion yuan (about 3.96 trillion U.S. dollars), with the debt-to-GDPratio at around 36.7 percent, Xiao said, adding there won't be big changes in the ratio this year. ...
China debt-to-GDP ratio at 36.7 pct, risks under control: minister • China's defense budget transparent: Finance Minister • China's fiscal deficit target proactive, prudent: minister • Finance minister meets press for 5th session of 12th NPC • China to adjust trade growth patte...
China does have some macroeconomic similarities to Japan in the 1990s. First, its debt has risen sharply, from 270% of GDP in the last quarter of 2019 to 300% of GDP as of the first quarter of 2023. Second, long-term demographic trends have been crimping the labor force and thereby pot...
While challenges remain, many analysts and global institutions also expect that China will be able to meet its annual growth target. The IMF, for example, has projected that China’s GDP growth will reach 5.4 percent in 2023. However, there are also challenges facing the Chinese economy, ...