Inside China's Debt Crisis: A Visit to Hegang
Summary by NewsWall May 29 23
- What happens if China's debt crisis blows up?
- I visited Hegang, the first city in the country to restructure its finances.
- Once a prosperous place thanks to a booming coal industry, Hegang now has to confront the headache of how to pay off a mountain of debt.
- Located in northeastern China, near the Russian border, Hegang is home to just under a million people.
Story Details
| Last Updated | May 29 23 |
| Total Articles | 22 |
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