Hidden no longer
Subscribe to keep reading.
Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.
Already a subscriber? Log in.
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 borrowed by ...