• 11/27/2024

China’s debt crises, from developers to local governments, prompt cabinet call to curb contagion

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

Debt problems that have manifested in Evergrande and Country Garden cases are prompting China’s central bank to step up risk-monitoring of lenders and local government financing vehicles.

https://www.scmp.com/economy/china-economy/article/3238882/chinas-debt-crises-developers-local-governments-prompt-cabinet-call-curb-contagion?utm_source=rss_feed