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Analysis-Debt-laden local governments pose fresh challenges to China’s growth, financial system

By Engen Tham, Xie Yu and Ziyi Tang SHANGHAI/HONG KONG (Reuters) – China’s push to revive the economy this year by increasing infrastructure spending while warding off financial risks is facing headwinds from massive local-government debt, which is more than $9 trillion and growing. The post Analysis-Debt-laden local governments pose fresh challenges to China’s growth, financial system appeared first on ForexTV... Read More

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Analysis

Debt

Laden

Local

Governments

Pose

Fresh

Challenges

Analysis debt laden

China s

Growth

Financial

System

Forex

Posted: Mar 10 2023, 06:21

Author Name: forextv

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