In the event of a debt crisis, China's government is capable of stepping in to provide a bailout, but it may be selective in doing so. Illustration: Henry Wong
Richard Harris
Opinion

Opinion

The View by Richard Harris

China’s debt dominoes could fall fast

Mainland debt points to crisis as profligacy of local governments sees public borrowing hit US$3 trillion

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In the event of a debt crisis, China's government is capable of stepping in to provide a bailout, but it may be selective in doing so. Illustration: Henry Wong
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