China, US drive global debt to record $353 trillion as Iran war adds pressure: report

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Source: South China Morning Post
Published: 2026-05-07 22:08 UTC+10:00
Section: United States
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Asia, Military & Defence, Iran, Technology & AI, Energy, Economy & Finance, China, Tax & Budget, World News, Business & Economy, War & Conflict, Asia Pacific
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Snippet:
New report warns that rising conflicts, AI spending and energy security push are all expected to further increase global debt levels
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