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China Local Government Debt Soars To $3 Trillion, Financial Risk Building – International Business Times



International Business Times

China Local Government Debt Soars To $3 Trillion, Financial Risk Building
International Business Times
China's long-awaited government debt audit arrived Monday and showed that local government liability had swollen to around 17.9 trillion yuan ($2.95 trillion) at the end of June, a fresh sign that risks are building inside the financial system of the ...
Debt surge signals rising risks in Chinese financial systemSouth China Morning Post
Chinese local government debt rises to near $3tnFinancial Times

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