I’ve seen two figures when it comes to China’s debt: public debt, which is really low (like 30%), and the other being much higher, (although I can’t remember where I found it, what it measured, but I remember it being like 125%). And now when I was digging around for the exact numbers I’ve found other statistics saying the public debt is upwards of 70%, and others saying 50%.

Can someone explain because I’m just really confused? Thanks