sub national government borrowing

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Fueled by Long Credit Binge, China’s Economy Faces Drag From Debt Purge

Consumers, businesses and local governments are looking to reduce income to pay down debt instead of…

City and state governments fear a potential increase in borrowing costs and reduced federal spending.

City and state governments fear a potential increase in borrowing costs and reduced federal spending.

A Chinese local government has hit back at claims it is facing serious debt problems, following…