• 11/25/2024

China’s debt-saddled regions owe far more than they can pay back without Beijing’s help

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

Figures show the extent that fiscal losses have had in some Chinese provinces and municipalities as investments have slumped and revenue wanes, while questions remain about Beijing’s debt-swap plan.

https://www.scmp.com/economy/china-economy/article/3239468/chinas-debt-saddled-regions-owe-far-more-they-can-pay-back-without-beijings-help?utm_source=rss_feed