Some local governments are so overstretched that they are struggling to meet their day-to-day operating costs, China’s finance ministry said on Sunday, as it warned on escalating debt risks in the economy.
中國財政部上周日表示，一些地方政府財政過于困難，難以滿足日常運轉開支，并警告中國經濟債務風險上升。
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