25-10-2024, 03:20 PM
The China Government hv helped local governments to relief some debt burden but there r many investors buying 60 local government’s non-standard financial products not getting any relief. No of Defaults hv gone up 20%. Some USD $800 billion or 4 Trillion Yuan r at risk as the funded LGFV projects r not all doing well.
https://www.businesstimes.com.sg/interna...ebt-market
https://www.businesstimes.com.sg/interna...ebt-market
Omni is in my ignored list. This works well like he always bumps my post for me all the time. Thank u Omni.