Over the last decade, the debt of nonfinancial corporations in China have grown the fastest of all major economies, increasing from **** trillion U.S. dollars in 2008 to **** trillion U.S. dollars in 2022. As a result, Chinese corporate debt now exceeds U.S. corporate debt, which stood at nearly ** trillion U.S. dollars in 2022.
This credit market summary table presents quarterly national balance sheet account book value data, by category.
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Over the last decade, the debt of nonfinancial corporations in China have grown the fastest of all major economies, increasing from **** trillion U.S. dollars in 2008 to **** trillion U.S. dollars in 2022. As a result, Chinese corporate debt now exceeds U.S. corporate debt, which stood at nearly ** trillion U.S. dollars in 2022.