• 11/11/2024

China’s central government likely to pitch in as localities attempt to untangle debt knots

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

As hefty debt burdens weigh down local governments, the central authorities seem poised to stimulate infrastructure spending through a variety of actions.

https://www.scmp.com/economy/china-economy/article/3247950/chinas-central-government-likely-pitch-localities-attempt-untangle-debt-knots?utm_source=rss_feed