It is for domestic consumption, and much like Japan it is generally being held domestically. They are indebting themselves to themselves tremendously and (as is in the case of Japan) it's not necessarily a bad thing.
The story looks similar too, which is why the CPC is shifting to encouraging demographic growth (including strongly incentivizing young professionals to form families.)
The story looks similar too, which is why the CPC is shifting to encouraging demographic growth (including strongly incentivizing young professionals to form families.)