1/9 Another excellent Caixin article on the intractability of the local-government debt burden. In discussing the various forms and channels of hidden debt raised by local governments, it notes that "under pressure to meet growth and... https://t.co/pPBso6IoLx
— Michael Pettis (@michaelxpettis) May 22, 2023
from Twitter https://twitter.com/michaelxpettis
May 21, 2023 at 09:08PM
via IFTTT
No comments:
Post a Comment