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Beijing unveils steps to tackle "hidden debt" of local governments

06:01 Min

China has unveiled sweeping measures to help resolve a ballooning debt burden held by local governments. It is trying to shore up support for a slowing economy, which also faces the threat of new tariffs after Donald Trump's re-election to the White House. Olivia Siong reports.

China has unveiled sweeping measures to help resolve a ballooning debt burden held by local governments. It is trying to shore up support for a slowing economy, which also faces the threat of new tariffs after Donald Trump's re-election to the White House. Olivia Siong reports.

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