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Economy & Central Banks

Debt fears swirling around state giant shine a light on China’s post-property reality

As concerns over the financial health of a state-owned conglomerate rattled China’s bond market over the past week, analysts said its challenges reflected the lasting toll of the country’s prolonged property crisis, with local governments…

South China Morning Post
Debt fears swirling around state giant shine a light on China’s post-property reality
Image: South China Morning Post