Wall Street Journal Reports That Xi Jinping’s Spending on Building a Strong Nation Is Worsening China’s Debt Spiral

On October 13, the Wall Street Journal reported that Xi Jinping is investing heavily to build a technological and military powerhouse, intensifying China’s debt spiral; citing Bank for International Settlements data, it said that China’s non-financial sector debt has risen by more than $43 trillion since he came to power, and in 2025 it has already exceeded 300% of GDP.

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2026-10-13 20:03 · 10月13日《华尔街日报》报道，习近平上台以来中国非金融部门债务增超43万亿美元，2025年已超GDP的300%，强国雄心加剧债务螺旋。

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This event Wall Street Journal Reports That Xi Jinping’s Spending on Building a Strong Nation Is Worsening China’s Debt Spiral 2026.10.13 · Reported

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Sayings · 2026-10-13 20:02 A Wall Street Journal report on October 13 said that China's non-financial sector debt has risen by more than $43 trillion since Xi Jinping took power, and by 2025 it has already exceeded 300% of GDP, with great-power ambitions intensifying the debt spiral.

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