China faces a funding gap of nearly $1 trillion. It will take more debt to fill it.

China faces a funding gap of nearly $1 trillion.  It will take more debt to fill it.

In the first four months of the year, investments in real estate development fell by 2.7% compared to the previous year. Pictured here is a project in Qingzhou, Shandong province, on May 15, 2022. CFOTO | Future Publishing | Getty Images BEIJING – The Chinese government is facing a growing liquidity shortage, analysts say, as … Read more