The city of Wuhan, China, has publicly named 259 entities with outstanding debts in its official government newspaper, the Yangtze River Daily, totalling over $42m. The move, which is rare for China, has highlighted the ongoing fiscal pressures being experienced by local Chinese governments.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/da2kWgF
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