China unveils massive debt swap to save local governments as it eyes trade fight with Trump
Nov 08, 2024
Local governments in China face a ballooning debt burden of $5.6 trillion, according to Beijing, raising worries about wider economic stability. Read More
https://fortune.com/asia/2024/11/08/china-unveils-massive-debt-swap-save-local-governments-trade-fight-trump/
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