China announces trillion-dollar bailout as debt crisis looms

www.semafor.com

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China announces trillion-dollar bailout as debt crisis looms

www.semafor.com

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World News@lemmy.worldEnglish • 6 months ago

China announces trillion-dollar bailout as debt crisis looms | Semafor

www.semafor.com

Burdened with huge debts, provincial authorities have been left struggling to provide basic services and pay civil servants.

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@Pacattack57@lemmy.world
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-1•6 months ago
1 yen is the equivalent of $.14. Their shit is already inflated to hell.
- @UltraGiGaGigantic@lemmy.ml
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  1•6 months ago
  I thought it was pegged to the dollar somehow.

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