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Fredinno
Lei's Real Talk
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Comments by "Fredinno" (@innosam123) on "Is China relying on SOEs to tackle the real estate bubble and local government debt?" video.
So now you’re just moving debt around. The issue is that the bigger SOEs have their own debts and will likely need their own bailouts soon. The CCP central government is basically just doing everything they can to try to hide debts away from the central government.
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