Ranking
Ranking
Xi Jinping's Dynamic Approach to Zeroing Local Government Debt: The Era of State Seizing from the People Fully Commences
The debt of local governments in the Communist Party of China can no longer be masked by the official slogan 'risks are controllable.' According to official data, by the end of 2023, the balance of hidden debts for local governments reached 14.3 trillion yuan.
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