Trivium Neopol - Econ and Finance | Logo 24 Jan 2022

Hidden no longer

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On Thursday, Wang Weizhong, Guangdong province’s acting governor, said that his province no longer has any hidden debt (Caixin).

Some context: "Hidden debt" refers to debt that local governments are indirectly responsible for but that doesn’t appear on their books.

Typically, it’s debt borrow...


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