So there's your answer. Bloomberg calculated the 106% figure , during the period China had it's economy shut down. Very slick .........and they have returned to almost full productivity in the last two quarters of 2020 , bringing them back to 56% , into pre-covid figures.
Im not familiar with you PJL cause I'm new here but if you believe what the Communist run country of China puts out in its Marxist controlled labor force and Marxist controlled business atmosphere and use Bloomberg as a source of info than I've got to start drinking a little more heavily .
You're either a smart troll that only the ignorant applaud or you're just a blatant idiot .
Than again there's a strong possibility that you qualify for both .
Here ya go - you earned it
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The articles I post are by journalists who do their homework , and not from Chinese Communist sources.....unlike the MSM and corporate owned media in the US , who report specifically to mislead the American public , and censor Americans from being told the truth . Fake news is giving an inaccurate version of reality , and people need to wake up.....it's been going on for far too long . Your little badge is a bit silly btw...(lol)
Chinese debt to GDP rate (2020) is currently 56.2% - which is correct , give or take , for an economy with a current 2.3% growth rate , and a rate that is predicted to increase slowly , during 2021 . The current false figure being bandied around by US media , was calculated when the Chinese economy was under full lock down , and is used to prevent people from knowing that China is now almost back to full industrial capacity , and an increasing growth rate . Many won't like hearing that , but it's no good pretending otherwise , or making like an ostrich .