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#local-government

2 articles

Money & Markets

China's Shadow Debt

Economists estimate this off-the-books debt at $7 trillion to $11 trillion, about twice the size of China's central government debt.

16 Jul 2024

Money & Markets

Hot Chinese Waters

The second-largest global economy, China, currently faces a deflating property bubble, local governments struggling with debt payments, and a banking system exposed to these issues.

26 Oct 2023

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