The government of Dushan, which oversees a mountainous area with a total population of 360,000, has accumulated 40 billion yuan (US$5.7 billion) of debt, or around 40 times of its annual fiscal revenues. Photo: Handout
The government of Dushan, which oversees a mountainous area with a total population of 360,000, has accumulated 40 billion yuan (US$5.7 billion) of debt, or around 40 times of its annual fiscal revenues. Photo: Handout