{"id":132231,"date":"2025-07-03T22:00:14","date_gmt":"2025-07-03T22:00:14","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=132231"},"modified":"2025-07-03T22:00:14","modified_gmt":"2025-07-03T22:00:14","slug":"china-urged-to-restore-local-fiscal-capabilities-with-30-trillion-yuan-debt-swap","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=132231","title":{"rendered":"China urged to restore local fiscal capabilities with 30-trillion-yuan debt swap"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostChina should issue 30 trillion yuan (US$4.2 trillion) in treasury bonds to swap local governments\u2019 hidden liabilities to re-energise growth momentum and cut off financial risks at their root, a Beijing-based think tank has proposed.<br \/>\nSuch a move, combined with a few trillion yuan worth of additional bonds to shore up the property market, boost consumption and remove excessive industrial capacity, would be a strong step toward resolving China\u2019s local-level debt and real estate crises once and for&#8230;<a href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3316839\/china-urged-restore-local-fiscal-capabilities-30-trillion-yuan-debt-swap?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostChina should issue 30 trillion yuan (US$4.2 trillion) in treasury bonds to swap local governments\u2019 hidden liabilities to re-energise growth momentum and cut off&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/132231"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=132231"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/132231\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=132231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=132231"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=132231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}