While the official data suggests the issue is under control, it’s the “hidden” debt that has economists worried. Photo: Reuters

China tries to quell fears over debt pile-up with local government data

Finance ministry says outstanding debt was at US$2.5 trillion at the end of November – within the approved ceiling

Topic |   China economy

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While the official data suggests the issue is under control, it’s the “hidden” debt that has economists worried. Photo: Reuters
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