Posted on May 29, 2023
Wuhan is pressing hundreds of Chinese firms to repay their debts in rare public warning | CNN...
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"Analysts estimate China’s outstanding government debts surpassed 123 trillion yuan ($18 trillion) last year, of which nearly $10 trillion is so-called “hidden debt” owed by risky local government financing platforms."
Wuhan is pressing hundreds of Chinese firms to repay their debts in rare public warning | CNN...
Posted from edition.cnn.com
Wuhan
Finance
Loans
China
Posted >1 y ago
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LTC Eugene Chu seems the entire world is in debt except those at the top of the money chain,
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