Chinese households went from 20% of GDP in terms of debt in 2009 to now roughly 50% of GDP so that’s 30% of GDP & most of this leveraging started around 2014. June 25, 2019 8:58 am by IWB via @Trinhnomics: We are primarily funded by readers. Please subscribe and donate to support us! Meanwhile, Latin American households not so indebted, esp Mexicans!!! Views: