Finance News - Business news from the UK and world: China's local government debt may be £1 trillion more than estimated

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China's local government debt may be £1 trillion more than estimated Apr 7th 2013, 22:46 China may have underestimated the extent of the black hole in local government finances by as much as £1 trillion, the country's former finance minister has said. Media files: china-flag-marsh_2353678i.jpg (image/jpeg, 0 MB)

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