China's $2.3 Trillion Hidden Debt Could Climb Even Higher: Report

China's local governments had 14.8 trillion yuan ($2.3 trillion) of hidden debt last year, and the figure could climb even further this year, according to a government-linked think tank.

source https://www.ndtv.com/world-news/chinas-2-3-trillion-hidden-debt-could-climb-even-higher-report-2397772