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With China's 2014 GDP being US$ 10,356.508 billion, [14] [15] this makes the government debt of China approximately US$ 4.3 trillion. The foreign debt of China, by June 2015, stood at around US$ 1.68 trillion, according to data from the country's State Administration of Foreign Exchange (SAFE) as quoted by the State Council . [ 16 ]
Timeline of Chinese history. This is a timeline of Chinese history, comprising important legal and territorial changes and political events in China and its dynasties. To read about the background to these events, see History of China. See also the list of Chinese monarchs, Chinese emperors family tree, dynasties of China and years in China.
18 September – A ten-year old student of a Japanese school dies in a knife attack in Shenzhen. The suspect is arrested. [81] 25 September – China carries out its first test of an intercontinental ballistic missile since 1980, launching a dummy warhead into the Pacific Ocean [82] that lands near the Marquesas Islands. [83]
China has approved a six trillion yuan ($837 billion) plan to bolster its ailing economy by allowing local governments to swap out their hidden debt, unveiling additional stimulus measures to ...
China's economy saw continuous real GDP growth of at least 5% since 1991. During a Chinese New Year in early 1992, China's paramount leader Deng Xiaoping made a Southern Tour of China designed to give new impetus to and reinvigorate the process of economic reform. During the Southern Tour, Deng stated his view that both government planning and ...
The plan for 2025 sovereign debt issuance would be a sharp increase from this year's 1 trillion yuan and comes as Beijing moves to soften the blow from an expected increase in U.S. tariffs on ...
Chinese media reported that China could rack up $850 billion in debt to help revive its economy. The report said the nation could issue new bonds over the next three years. China has vowed to roll ...
However, critics fear that too much money is hoarded in the financial economy rather than spent in the real economy so that the total debt is spiraling up rather than being paid down. [13] [14] In fact, the global debt has grown by approximately 6% per year during the period from 2015 to 2021. [4] [5]