China's local state is on the verge of a debt crisis
Without intervention, the result could be more protests and bond-market chaos | Finance & economics
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Without intervention, the result could be more protests and bond-market chaos | Finance & economics
Without intervention, the result could be more protests and bond-market chaos | Finance & economics
Early signs suggest the country’s economic revival will mostly be felt in service industries at home
The content originally appeared on: CNN Hong Kong CNN -- Three years of strict pandemic controls in China and a real estate crash have drained localgovernme ...
CHINA is awash with "ghost cities" where apartment blocks stand abandoned or mothballed with some 65million empty homes.The dystopian landscape of emp