China's National Debt Surpasses Entire European Union's
China's National Debt Surpasses Entire European Union's China's national debt hit $18.7 trillion by the end of 2025, surpassing the European Union's total debt by $1.1 trillion ($17.6 trillion). In comparison, the United States holds a debt of $38.3 trillion, indicating that China still has a significant distance to cover. Surprisingly, 30 years ago, the European Union held the largest national debt, even exceeding the US by a slight margin. However, since the late 1990s, the US debt has been growing almost exponentially, similar to China's trajectory since the early 2000s, while the EU has maintained a more balanced budget approach.