China Province Tells Beijing It Needs Help Solving Debt Problem

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China Province Tells Beijing It Needs Help Solving Debt Problem
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A Chinese province has told Beijing it needs help dealing with its debt problem, a sign of the strain caused by a collapse in land sales

An official think tank that carries out research for Guizhou said in a report this week that the debt problems confronting the government of the southwestern province urgently needed attention, but solutions were “exceptionally difficult to advance due to the limited financial resources.

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