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China's 'Black Hole' of Debt | Vantage with Palki Sharma
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China's 'Black Hole' of Debt | Vantage with Palki Sharma
China's local governments are sitting on a debt of $8.3 trillion. Beijing is also under pressure to forgive and re-structure loans given out under the Belt & Road Initiative. Palki Sharma decodes China's latest fiscal crisis.
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China | China News | China Debt | China Debt Trap | China BRI | Trending News | International News | Firstpost
#china #chinanews #debt #chinadebt #loans #business #trendingnews
Firstpost is an Indian news and media website. Get all the incisive opinions, in-depth analyses and other visual stories that matter to you and the world right here on this channel.
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China's local governments are sitting on a debt of $8.3 trillion. Beijing is also under pressure to forgive and re-structure loans given out under the Belt & Road Initiative. Palki Sharma decodes China's latest fiscal crisis.
--
China | China News | China Debt | China Debt Trap | China BRI | Trending News | International News | Firstpost
#china #chinanews #debt #chinadebt #loans #business #trendingnews
Firstpost is an Indian news and media website. Get all the incisive opinions, in-depth analyses and other visual stories that matter to you and the world right here on this channel.
Subscribe to Firstpost channel and press the bell icon to get notified when we go live.
Follow Firstpost on Instagram:
Follow Firstpost on Facebook:
Follow Firstpost on Twitter:
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