Local government debt levels in China have soared to almost $3tn in less than three years, according to an official audit highlighting one of Beijing’s most daunting challenges as it attempts to sustain economic growth while avoiding a financial crisis.
官方審計發現,中國地方政府債務已在不到3年的時間內飆升至近3萬億美元,凸顯出中國政府最為艱巨的一項任務:既要試圖維持經濟增長,又要防范金融危機。
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