Xinjiang Production and Construction Corps controls Xinjiang’s cotton output, which accounts for 20 per cent of global supply. Photo: Xinhua
Xinjiang Production and Construction Corps controls Xinjiang’s cotton output, which accounts for 20 per cent of global supply. Photo: Xinhua
Xinjiang

China’s Xinjiang faces hidden risk from debt-heavy XPCC, with spending tipped to rise after US withdrawal from Afghanistan

  • Debt issued by the Xinjiang Production and Construction Corps (XPCC) and its subsidiaries is surging to fund social and security spending
  • But total profits of state firms controlled by XPCC declined sharply last year and the quasi-military group is in the cross hairs of Washington

Topic |   Xinjiang
Xinjiang Production and Construction Corps controls Xinjiang’s cotton output, which accounts for 20 per cent of global supply. Photo: Xinhua
Xinjiang Production and Construction Corps controls Xinjiang’s cotton output, which accounts for 20 per cent of global supply. Photo: Xinhua
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