Posted on May 27, 2023

China’s US$23 trillion local debt mess is about to get worse

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China has a massive local debt problem that is not improving. City and province finances may have negative ripple effect.

China’s US$23 trillion local debt mess is about to get worse

Posted from thestar.com.my

Posted in these groups: China

China

Loans

Finance

Posted >1 y ago

Responses: 1

Maj Kim Patterson

Posted >1 y ago

LTC Eugene Chu with the buildup of their military I expect it to get worse before it gets better. They have one of the highest population levels in the world.

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China’s US$23 trillion local debt mess is about to get worse

China’s US$23 trillion local debt mess is about to get worse

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