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China plans to address its hidden debt crisis of 6 trillion yuan through a bold swap plan as part of an economic overhaul.

SHANGHAI, Nov 11 China has unveiled an ambitious plan to relieve public debt, aiming to turn local governments away from belt-tightening practices that have exacerbated a domestic…

Read More: https://www.malaymail.com/news/money/2024/11/11/how-china-plans-to-tackle-6t-yuan-hidden-debt-crisis-with-bold-swap-plan-in-economic-shakeup/156367

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