‘Crush them’: are China’s local governments using unsustainable tactics to repay debt?

‘Crush them’: are China’s local governments using unsustainable tactics to repay debt?

On China’s social media platforms last week, a recording surfaced that revealed a side of the country’s debt crisis that has largely gone unreported. The recording is presented as a conversation between an unnamed representative of a medical technology company and a market regulation enforcement officer, surnamed Zhang, from Chengwu county in eastern China’s Shandong … Read more