Instead of an financial stimulus program, Beijing now desires to restructure the provinces’ liabilities. Is that sufficient? Donald Trump has already introduced punitive tariffs on exports from China. The consequence: disaster within the financial miracle land.
https://www.spiegel.de/ausland/china-peking-reagiert-auf-wirtschaftskrise-mit-umschuldung-der-provinzen-a-7670523d-166b-433a-b6b0-8394a7b34220#ref=rss