Thinking About ChinaOpinionChina’s Imperiled Local Government SectorSavePrintA women walking in the street in Wuhan, Hubei Province, China, on April 11, 2020. Getty ImagesFan Yu3/4/2022|Updated: 3/10/20220:00X 1CommentaryMany of China’s local authorities are staring down a severe fiscal challenge this year.Share this articleLeave a commentFan YuAuthorFan Yu is an expert in finance and economics and has contributed analyses on China's economy since 2015.Author’s Selected ArticlesChina Faces a Retirement and Pension CrisisAug 13, 2024China’s Tough Economic Rebalance Just Got TougherJul 22, 2024China’s Banking Sector Faces ReckoningJul 15, 2024Sale of TikTok Is an Impossibly Thin Needle to ThreadMar 25, 2024Related TopicsChinadebtlocal government