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China’s Provinces Show Evidence of Financial Pressure and the Economy’s Imbalances
People walk next to a screen with a stocks indicator in the Jing’an district in Shanghai, China, on April 7, 2025. Hector Retamal/AFP via Getty Images Commentary Some 28 provinces and separate jurisdictions increasingly have had to turn to Beijing for help closing budget gaps, according to China’s Ministry of Finance. It is not unusual [...] The post China’s Provinces Show Evidence of Financial Pressure and the Economy’s Imbalances appeared first on CBNC .
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