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RSS Feeds`One leak and weŽll all drownŽ: top Chinese lawmaker raises alarm over river of local ...
(WorldNews China)

 
 

14 march 2018 09:28:47

 
`One leak and weŽll all drownŽ: top Chinese lawmaker raises alarm over river of local ...
(WorldNews China)
 




China’s debt mountain remains an ominous threat to the world’s second-biggest economy, and will take years to remedy, according to a prominent Chinese lawmaker. Yin Zhongqing, who was re-elected on Tuesday as a deputy director of the National People’s Congress’s financial and economic affairs committee, said Beijing’s official figures for local government debt – 16.5 trillion yuan (US$2.6 trillion) as of the end of last year – could be underestimates,......
 
5 viewsCategory: General > Asia > China
 
Pictures of the Day: 14 March 2018
(WorldNews China)
China: Further information: Swedish doctor denied access to bookseller: Gui Minhai
(WorldNews China)
 
 
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