#18 | The CCP Sanctions Hudson, Macron in China, and the PRC's Local Banking Crisis
China Insider
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The Local Debt Crisis in China
The entire country of China has had major issues in the real estate sector for a long time. So you think that this local problem and I think local debt in China is something like $5 trillion. It's huge. You think that these local problems are going to have much larger national ramifications? Definitely.
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