Chart 103

Outstanding debt in Chinese non-financial sectors has grown rapidly during the last decade with most growth in the corporate sector. In the US, total outstanding debt has been stagnant, but public debt has grown rapidly, while households have reduced theirs.

Chart 102

In the UK, net migration from the EU has almost been cut in half since the Brexit referendum (fewer arriving and more leaving), hitting public and private service industries particularly hard. Non-European immigration has increased.