chinapakistan
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Actually our public debt to GDP was 80% in 2004 and its been declining ever since.Most of our public debt is owed by Indians.Our external debt is only 20%.
If we talk about external debt to GDP rate, china is around 8%. My point was by comparing GDP, unemployment rate, debt to GDP rate and military budget to GDP rate, I do not think there is any problem for china to hold current scale of army compared with any other country.