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Michael Pettis @michaelxpettis · Mar 8, 2023
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1/10 Good (and important) article: "Premier Li Keqiang highlighted regional governments’ debt pile as a key threat to financial stability alongside property woes in a key address Sunday to open China’s annual parliamentary meetings." [link] via @markets

Article Mar 6, 2023
China Local State Firms May Use More Debt Swaps to Ease Risk
by Frank Wang
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