While Germany still debates the planned multi-billion investments in defense and infrastructure, China continues to run up debts. This was demonstrated once again at the end of the National People’s Congress in Beijing: As expected, the delegates approved every proposal submitted – thus paving the way for enormous new debt. This year, China plans to take on around EUR 1.5 trillion (RMB 11.86 trillion) in additional debt – 32 percent more than the previous year.