As an expert in economic policy and international finance, I have a deep understanding of the complexities surrounding national debt and its implications for a country's economy. When discussing the national debt of China, it's important to clarify the distinction between internal and external debt, as well as to consider the most recent and reliable data available.

China, being the world's second-largest economy, has a significant amount of both domestic and foreign debt. The national debt, also known as the public debt, refers to the total amount of money that a government has borrowed from various sources, including its own citizens, other governments, and international financial institutions.

The figure you've mentioned, US$ 10,356.508 billion for China's GDP in 2014, provides a snapshot of the country's economic size at that time. However, GDP is a measure of a country's economic output, not its debt. When assessing a country's debt, it's more relevant to look at the debt-to-GDP ratio, which indicates the proportion of debt relative to the size of the economy.

The government debt of approximately US$ 4.3 trillion that you've referenced seems to be a specific figure, but without a clear date or source, it's difficult to verify its accuracy. It's also important to note that government debt can change significantly from year to year due to various factors, including economic growth, fiscal policies, and changes in interest rates.

Regarding foreign debt, the figure of US$ 1.68 trillion by June 2015, as reported by the State Administration of Foreign Exchange and quoted by the State Council, refers to the external debt of China. This is the amount of money that China owes to foreign creditors. It's a crucial component of the country's total debt, but it's only part of the picture.

To provide a comprehensive answer, one would need to consider the most current data, which would include the total government debt (both domestic and foreign), the debt-to-GDP ratio, and any recent trends or changes in fiscal policy that could impact the debt levels. It's also essential to consider the creditworthiness of the country, the stability of its currency, and its ability to service its debt through economic growth and fiscal revenues.

In conclusion, while the figures you've provided offer a starting point for understanding China's national debt, a thorough analysis requires up-to-date and accurate information. It's always recommended to consult the latest reports from reputable sources such as the International Monetary Fund (IMF), the World Bank, or China's own financial authorities for the most current data.

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With China's 2014 GDP being US$ 10,356.508 billion, this makes the government debt of China approximately US$ 4.3 trillion. The foreign debt of China, by June 2015, stood at around US$ 1.68 trillion, according to data from the country's State Administration of Foreign Exchange as quoted by the State Council.read more >>