The ruling Chinese Communist Party’s (CCP) Ministry of Finance released the latest data on local government bonds on Jan. 30, which shows China’s outstanding local government debts reached a record high of 40.74 trillion yuan ($5.71 trillion) by the end ofRead more https://www.theepochtimes.com/china/latest-data-show-ccp-local-government-debts-reach-record-high-5579800