May 30, 2023 06:16 PM

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Top Stories of the Month: China’s Effort to Move Mountain of ‘Hidden Debt’ Faces Uphill Climb

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Cover Story: China’s Effort to Move Mountain of ‘Hidden Debt’ Faces Uphill Climb

Local governments’ invisible debt could be as high as almost $10 trillion, double Japan’s GDP, posing a risk of destabilizing the banking and financial sector

In Depth: Local Governments Struggle to Get On Top of Their Hidden Debt

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