Gravitas: A $8 trillion debt time bomb that China hid

Oct 27, 2021, 12:00 AM(IST) Palki Sharma

The crisis at Evergrande rattled the global markets and triggered a series of defaults within China's real estate sector. But, the hidden debt of local governments poses a much bigger threat to the Chinese economy. Palki Sharma tells you more about China's $8 trillion debt time bomb.

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