China has racked up considerable debt during its boom years.
Its total debt surged from $2.1-trillion (U.S.) in 2000 to $28.2-trillion by mid-2014, according to a McKinsey Global Institute report. China's total debt as a percentage of GDP reached 247 per cent in 2015, nearly 90 percentage points higher than a decade ago, Bloomberg Intelligence figures show.
On the other hand, China's economic growth is slowing.
It's enough to prompt warnings from famed investors Laurence Fink and George Soros.
Mr. Fink recently told Bloomberg Television "we all have to be worried" about the country's mounting debt burden. China's current situation "eerily resembles what happened during the financial crisis in the U.S. in 2007-08, which was similarly fueled by credit growth," Mr. Soros said last month.