We all know that the Chinese government has shoveled 4 trillions Yuan since 2008. But how much debts do central and local governments carry? A few recent articles may give us a clue...
The Trillion Dollar Question: China’s Local Government Debts Mystery Revealed 06/2/2011
China always has more debts than you think 06/02/2011
China Economy: Clean-up Of Local Government’s Debts 06/01/2011
China to clean up billions worth of local debt 5/31/2011
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