This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact The Epoch Times Reprints.
With local authorities facing cash-flow problems, there are growing concerns about the $9 trillion LGFV debt market.
Against a backdrop of already severe economic troubles, Washington is making more trade trouble for Beijing.
