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Local Governments

China targets trillions of dollars in ‘hidden debt’

November 6, 2025November 5, 2025 by China Factor Staff

Budget czar Li to comb local government books amid borrowing binge and property collapse

Categories Talking Point Tags China, Excessive Borrowing, Local Governments, News, Property Chaos Leave a comment

Chinese entrepreneurs are being held to ‘ransom’

October 10, 2024October 9, 2024 by China Factor Staff

Local governments in China warned about ‘arbitrary fines and seizures’ in a move to raise revenue 

Categories Corruption Crackdown Tags China, Communist Party of China, Local Governments, News, President Xi Jinping, Ransom Leave a comment

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