Japan’s Finance Minister Signals Alignment With BOJ as Rate Hike Speculation Grows 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
U.S. Soybean Shipments to China Gain Momentum as Trade Tensions Ease 
Dollar Holds Steady as Markets Shift Focus to 2026 Rate Cut Expectations 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
RBA Signals Possible Rate Implications as Inflation Proves More Persistent 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
South Korea Inflation Edges Up in November as Food and Service Costs Climb 
Over the past years, the global markets have focused on China more, when it comes to debt, arguing that the marginal productivity of increased debt has declined substantially. The debt growth has outstripped GDP growth in China by son much that the Bank of International Settlements (BIS) has warned on the debt to GDP gap, in its quarterly report, arguing that it could lead to a banking crisis.
However, China isn’t the only economy where debt growth is outstripping GDP growth. The United States is suffering from the same chronic issue. Debt is growing at a much faster pace than that of GDP. On September 30th, United States closed out the 2016 fiscal year with a debt level of almost $19.6 trillion. That is an increase by approximately $1.42 trillion. The debt level in the world’s biggest economy grew by 7.5 percent. Compared to that, GDP grew by 1.6 percent on an average. The debt is hovering well above 100 percent of the GDP.
