Caixin Deep Dive: How China Tackles $2 Trillion in Hidden Local Government Debt

Beijing’s latest support package targets years of off-book borrowing and growing fiscal challenges Note: The conversation segment of this episode was generated using AI and has been edited for accuracy. It is based on a Caixin story: In Depth: China’s Multitrillion-Dollar Salve for Local Government Hidden Debt Subscribe now to unlock all coverage from Caixin Global and The Wall Street Journal for just $200 a year, enjoying a 66% discount. Group discounts are available — contact us for a customized plan.