• 11/29/2024

China heads off ‘triangular debt’ quagmire with demands for state repayments

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

The Chinese government has begun a campaign to prevent ‘triangular debt’ from impacting the economy at large, imploring state borrowers to make good on their obligations to private firms.

https://www.scmp.com/economy/china-economy/article/3235362/china-heads-triangular-debt-quagmire-demands-state-repayments?utm_source=rss_feed