02-04-2022, 11:41 PM
Shanghai is the only city/province in China that has some excess on the balance sheet in the 1st half of 2021.
![[Image: f84f-5b741f9278bef6148e6d04293ebbc044.png]](https://i.ibb.co/YjPSZKB/f84f-5b741f9278bef6148e6d04293ebbc044.png)
In 2022, with Shanghai getting into Covid lockdown, looks like it is very unlikely for China's cities to get a good financial balance on their balance sheet. Good luck to them
https://finance.sina.com.cn/china/gncj/2...0204.shtml
![[Image: f84f-5b741f9278bef6148e6d04293ebbc044.png]](https://i.ibb.co/YjPSZKB/f84f-5b741f9278bef6148e6d04293ebbc044.png)
In 2022, with Shanghai getting into Covid lockdown, looks like it is very unlikely for China's cities to get a good financial balance on their balance sheet. Good luck to them
https://finance.sina.com.cn/china/gncj/2...0204.shtml
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