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전망·동향
Leveraging Killed China’s Bid for Leadership
AEI
2024.06.18
China’s debt performance over the past 15 years, including the entirety of General Secretary Xi Jinping’s rule, has been historically awful―far worse than America’s, even while the US has been fiscally irresponsible.
Monetary indicators suggest that China’s debt situation will continue to slowly deteriorate for the next few years.
Even if America’s debt situation deteriorates as well, the size gap between the two economies indicates China cannot catch up while carrying so much debt.