• 11/10/2024

As China’s local governments struggle to repay debts, should Beijing shoulder some of the burden?

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

Concerns about city and county government default risks are mounting in China as Beijing’s willingness to offer enough support to avert a meltdown is questioned.

https://www.scmp.com/economy/china-economy/article/3222441/chinas-local-governments-struggle-repay-debts-should-beijing-shoulder-some-burden?utm_source=rss_feed