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Tag: Debt

Chinese cities are struggling to pay their bills

Analysts estimate China’s outstanding government debts surpassed 123 trillion yuan ($18 trillion) last year, of which nearly $10 trillion is so-called “hidden debt” owed by risky local government financing platforms that are backed by cities or provinces. CNN Business

Posted on February 1, 2023February 1, 2023 by SiteEditor2Posted in ChinaTagged China, Debt, EconomyLeave a comment
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  • China’s Invasion Of Taiwan Is Now A Question Of When, Not If: OPED
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