Summary | China's regional governments reported total direct
debt of 16 trillion yuan ($2.58 trillion) at the end of last
year, a 47 percent surge over 18 months, while direct and
indirect debt exceeded 25 trillion yuan, larger than Germany's
GDP.
debt of 16 trillion yuan ($2.58 trillion) at the end of last
year, a 47 percent surge over 18 months, while direct and
indirect debt exceeded 25 trillion yuan, larger than Germany's
GDP.
chinadaily.com.cn | 18 July 2015