Assessing the Shrinking Yet Daunting Challenge of China's 'Hidden Debt' Burden
Friday, 14 June 2024, 10:15
China's 'Hidden Debt' Reduction Progress
The crackdown on problematic local-level debt in China is yielding results.
Economist's Insight
Economist Luo Zhiheng's estimations shed light on the scale of the progress.
These developments highlight the ongoing challenges and the need for further reforms.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.