In the first quarter of 2016, Chinese debt rose to 237 percent of GDP—a level comparable to that of the U.S. or the Eurozone and yet much larger than that of most developing economies, according to analysis by The Financial Times. Additionally, China’s ratio of debt to GDP has climbed at rates that many economists say are worryingly fast, rising from 148 percent of GDP at the end of 2007, even as the overall growth rate of China’s economy has slowed.

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