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By the end of 2018, the debt of Chinese local government reached 1,838.62 million yuan, overall risk can be controlled – China Economic Net

By the end of 2018, the local debt balance in China reached 1,838.62 million yuan, the overall risk is controlled.

Ksinhua News Agency, Beijing, January 23 (Reporter Shen Vei) The Ministry of Finance has announced that by the end of 2018, local government debt amounted to 1,838.62 billion yuan, which was controlled within the limits approved by the National People's Congress, and the overall risk was controlled.

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