how much debt does china have as % of gdp
China's debt is 250% of GDP and 'could be fatal', says government expert China's debt is 250% of GDP and 'could be fatal', says government expert. Chinaâs total debt was more than double its gross domestic product in 2015, a government economist has said, warning that debt linkages between the state and industry could be âfatalâ for the worldâs second largest economy. The countryâs debt has ballooned to almost 250% of GDP thanks to Beijingâs repeated use of cheap credit to stimulate slowing growth, unleashing a massive, debt-fuelled spending binge.