{"id":902957,"date":"2026-09-23T21:36:16","date_gmt":"2026-09-23T21:36:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/902957\/"},"modified":"2026-09-23T21:36:16","modified_gmt":"2026-09-23T21:36:16","slug":"led-by-china-and-us-borrowing-the-world-now-owes-a-record-us365-trillion-debt-iif","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/902957\/","title":{"rendered":"Led by China and US borrowing, the world now owes a record US$365 trillion debt: IIF"},"content":{"rendered":"<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Global debt climbed to a record high of more than US$365 trillion in the first half of the year, with China and the United States accounting for the bulk of the increase, according to the latest findings by the Institute of International Finance (IIF) that come amid mounting concerns over global fiscal sustainability.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The figure reflects total debt across all four major borrowing sectors \u2013 government, household, financial and non-financial corporate \u2013 in more than 100 mature and emerging market economies, and it marks the sixth consecutive quarterly increase, according to the banking trade group\u2019s latest \u201cGlobal Debt Monitor\u201d report, published on Wednesday.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Emre Tiftik, director of global markets and policy at the IIF, said the current debt wave differed from earlier ones, which were triggered by shocks such as the 2008 global financial crisis and the Covid-19 pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":"Global debt climbed to a record high of more than US$365 trillion in the first half of the&hellip;\n","protected":false},"author":2,"featured_media":902958,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,512,471270,164,306478,471271,3786,42930,380664,471274,5575,941,471272,1055,2489,10652,471273],"class_list":["post-902957","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-china","tag-corporate-debt","tag-economy","tag-fiscal-sustainability","tag-global-debt-monitor","tag-government","tag-households","tag-iif","tag-institute-of-international-finance","tag-iran","tag-japan","tag-real-estate-downturn","tag-united-states","tag-us","tag-us-treasury-department","tag-us-treasury-yields"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/902957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=902957"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/902957\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/902958"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=902957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=902957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=902957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}