Local Government Debt in China Soars to Crisis Levels

Local government debt in China has reached an alarming level, with the Chinese Communist Party (CCP) resorting to frequent issuance of “special bonds” to mitigate the crisis. According to documents from the China Bond Information Network, Guizhou Province

Read more https://www.theepochtimes.com/china/local-government-debt-in-china-soars-to-crisis-levels-5613697