Financial risk is the biggest danger to China’s economy, according to a top Chinese lawmaker. Photo: EPA

‘One leak and we’ll all drown’: top Chinese lawmaker raises alarm over river of local government debt

NPC Standing Committee member says liabilities have been hidden and vastly underestimated

Topic |   China's Two Sessions 2018

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Financial risk is the biggest danger to China’s economy, according to a top Chinese lawmaker. Photo: EPA
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