"China claims its debt-to-GDP ratio—the standard measure of sustainability—was a healthy 17 percent at the end of...

"China claims its debt-to-GDP ratio—the standard measure of sustainability—was a healthy 17 percent at the end of last year. Yet Beijing-based Dragonomics, a well-respected consultancy, put China’s ratio at 89 percent—about the same as America’s. Worse still, a growing number of analysts think the Chinese ratio was really 160 percent."
http://www.businessinsider.com/chinas-looming-debt-disaster-2011-8