{"id":88660,"date":"2023-07-29T22:00:13","date_gmt":"2023-07-29T22:00:13","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=88660"},"modified":"2023-07-29T22:00:13","modified_gmt":"2023-07-29T22:00:13","slug":"how-chinas-hidden-debt-risk-comes-from-its-system-and-why-local-governments-are-beholden-to-beijing","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=88660","title":{"rendered":"How China\u2019s hidden debt risk \u2018comes from its system\u2019, and why local governments are beholden to Beijing"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostChina\u2019s zero-Covid policies and its post-pandemic recovery efforts have strained finances at local levels, pushing debt to an all-time high this year \u2013 twice what it was in 2017 \u2013 with little help from Beijing.<a href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3229284\/how-chinas-hidden-debt-risk-comes-its-system-and-why-local-governments-are-beholden-beijing?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\u2019s zero-Covid policies and its post-pandemic recovery efforts have strained finances at local levels, pushing debt to an all-time high this year \u2013 twice&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\/88660"}],"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=88660"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/88660\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=88660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=88660"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=88660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}