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Two-thirds of China's local governments in danger of breaching unofficial debt thresholds
The Wall Street Journal (gated) with this ICYMI., citing surveys by a US research firm and S&P reports..
- Two-thirds of local governments are now in danger of breaching unofficial debt thresholds set by Beijing to signify severe funding stress
- their outstanding debt exceeding 120% of income last year
- About a third of China’s ma... Read More
Content Topics
Two
Thirds
China
Local
Governments
Danger
Breaching
Two thirds
China s
Unofficial
Thresholds
Forex
Posted: Mar 7 2023, 03:07
Author Name: forexlive
Views: 092171