China Debt Level Rising: Some Economists Predict Repeat of 2008

According to this article the Chinese economy is 25 trillion dollars in debt. The Chinese debt levels rose from 148% of GDP in 2008 to 237% of GDP today. Most of South East Asia, Africa and Latin American economies are dependent on China.

Read in World Socialist Website

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About Barbara MacLean

Barbara MacLean has worked as an academic and career counselor at California State University, East Bay (CSUEB), Merritt and West Valley Colleges and as a career counselor and manager of the Oakland One Stop Career Center, a public career and jobs center in partnership with EDD. She is a co-founder and editor of Planning Beyond Capitalism.

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