China’s local debt crisis deepens: $18.9 trillion burden threatens global economy
| (NaturalNews) China's local governments relied on land sales (40% of revenue), but revenues plummeted 70% (1.2T?1.2T?350B) since 2021. Major developers (Everg... |
| (NaturalNews) China's local governments relied on land sales (40% of revenue), but revenues plummeted 70% (1.2T?1.2T?350B) since 2021. Major developers (Everg... |