From @Breakingviews: Chinese local government investment vehicles owe $8 trillion and are big dollar bond issuers. Under stress, Beijing may let some default; others might try to dump assets in a weak market. It could get ugly, says @ywchen1 https://t.co/Ct6SVAsUvF pic.twitter.com/vCv5OO7CuV— Reuters (@Reuters) January 10, 2022
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