China needs bond market reforms to rein in soaring debt, S&P Global says
Despite government efforts, debt levels continue to surge even as nominal GDP growth has slowed down, the rating agency said in a report on Thursday.
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Despite government efforts, debt levels continue to surge even as nominal GDP growth has slowed down, the rating agency said in a report on Thursday.
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/cloudfront-us-east-2.images.arcpublishing.com/reuters/VHDTBCWNIFIOHJULF5EKWQQKGQ.jpg "S.Africa’s COVID-19 cases could triple this week, expert says")