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Digging into the risks in China's mounting debt

If the debt triggers a crisis, the spark is more likely to come from corporations, banks

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Over the past decade, China's total debt grew 465 per cent. Debt rose to 247 per cent of GDP in 2015, from 160 per cent in 2005.

Hong Kong

SOME prominent investors are worried about China's debt. George Soros sees an "eerie resemblance" between conditions in China now and those in the United States leading up to the financial crisis in 2008. "It's similarly fueled by credit growth and an eventually unsustainable