China’s hidden $4 trillion debt bomb
As the crisis at Evergrande continues, 3 more real estate developers have defaulted on their debt obligations in China. But, that is just the tip of the iceberg. Local governments in …
As the crisis at Evergrande continues, 3 more real estate developers have defaulted on their debt obligations in China. But, that is just the tip of the iceberg. Local governments in China could be hiding a $4 trillion “debt bomb”. Palki Sharma tells you more. #Evergrande #China
