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Aggregated China Business Blogs
New Audit May Reveal Local Government Debt As High As $4 Trillion
Aggregated Source: China Money Network
The author is head of Greater China research at Standard Chartered, Stephen Green It looks increasingly likely that China’s government will release a big new official estimate for local government debt in October. This is the clear message from recent commentary by central government officials. We estimate that the number could be RMB21.9 trillion to […]

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