The ruling Chinese Communist Party’s (CCP) Ministry of Finance released the latest data on local government bonds on Jan. 30, which shows China’s outstanding local government debts reached a record high of 40.74 trillion yuan ($5.71 trillion) by the end of
The ruling Chinese Communist Party’s (CCP) Ministry of Finance released the latest data on local government bonds on Jan. 30, which shows China’s outstanding local government debts reached a record high of 40.74 trillion yuan ($5.71 trillion) by the end of