CNBC newsletter examines debt strain facing China's local governments

A CNBC China Connection newsletter describes a 'cliff' beneath China's cities, saying heavily indebted local governments are cutting back. It argues this raises stakes for growth and local debt management.

Timeline

1. 26 Oct, 23:10 UTCFirst appeared on CNBC

Top sources

• CNBC's The China Connection newsletter: The 'cliff' beneath China's citiesCNBC