Fastfoot, Sadly, China has been to the same party, and drinking Koolaid from the same punch bowl. I typed in 'China debt 2017' and came up with the following info below. GRIM

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China’s debt surpasses 300 percent of GDP, IIF says,

https://www.cnbc.com/2017/06/28/chinas-debt-surpasses-300-percent-of-gdp-iif-says-raising-doubts-over-yellens-crisis-remarks.html

IMF warns China over 'dangerous' growth in debt

https://www.theguardian.com/business/2017/aug/15/imf-warns-china-debt-slowdown-financial-crisis

China's Debt Battle Has Global Growth at Stake

https://www.bloomberg.com/news/articles/2017-10-29/global-economy-s-health-at-stake-as-china-tries-to-hold-a-sneeze

https://www.theguardian.com/world/2017/dec/07/china-debt-levels-stability-risk-imf

China's Debt Bomb Just Keeps Getting Bigger, Forbes

https://www.forbes.com/sites/douglasbulloch/2017/12/15/chinas-debt-bomb-just-keeps-getting-bigger/#2a6c0d6be4f7

China’s debt boom could lead to financial crisis, IMF warns 

http://www.telegraph.co.uk/business/2017/08/15/chinas-debt-boom-could-lead-financial-crisis-imf-warns/

China is trying to juice its economy with even more debt

http://money.cnn.com/2017/10/02/news/economy/china-economy-debt-central-bank/

China and the Debt-Refinancing Game in 2017

https://www.wsj.com/articles/china-and-the-debt-refinancing-game-in-2017-1483417721