The First Domino of Local Government Debt in China. Why Is Xi Pushing for Agricultural Police Now?

The huge debt of local governments in China has always been a ‘Damocles sword hanging over their heads, causing concerns among various experts. Recently, a desperate plea from a provincial government has led people to speculate whether this means that the first ‘domino of local government debt has fallen.
#China #debtcrisis #chinanews
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