China’s Debt-to-GDP Ratio Just Climbed to a Record High – Bloomberg Business

From Ye Xie and Belinda Cao at Bloomberg:

While China’s economic expansion beat analysts’ forecasts in the second quarter, the country’s debt levels increased at an even faster pace.

Outstanding loans for companies and households stood at a record 207 percent of gross domestic product at the end of June, up from 125 percent in 2008, data compiled by Bloomberg show.

Read more at China's Debt-to-GDP Ratio Just Climbed to a Record High – Bloomberg Business.