China National Debt

China's National Debt

China's national debt has grown significantly as the country has invested heavily in infrastructure and economic stimulus to maintain its rapid growth trajectory. While the central government debt is large, a significant portion of the country's overall debt is held by local governments and state-owned enterprises (SOEs).

This page provides a snapshot of China's central government debt based on data from international financial institutions. The total public sector debt, including local government and SOE debt, is estimated to be significantly higher.