Hi all, In recent weeks, attention has been drawn to a lesser-known Chinese province, Guizhou, and its need for financial assistance. Local government debt is now in the spotlight. Much has been made of how large the pile of local government but there is a bigger issue.
Debt in China and the Game of Pass the Parcel
Debt in China and the Game of Pass the Parcel…
Debt in China and the Game of Pass the Parcel
Hi all, In recent weeks, attention has been drawn to a lesser-known Chinese province, Guizhou, and its need for financial assistance. Local government debt is now in the spotlight. Much has been made of how large the pile of local government but there is a bigger issue.