According to estimates by Standard Chartered Plc., China’s share in global debt tripled last year from its 2009 levels. During the global recession of 2009, China’s debt -- corporate, household and government – was 6.1 percent of the global total.China now ranks as the third most ‘indebted’ nation in terms of its share in global debt, following the U.S. and the euro area. Standard Chartered projects China’s debt-to-GDP ratio rising to about 290 percent by the end of 2020, compared to 270 percent as of March 31.