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China’s local debt ‘iceberg’ emits ‘cracking sounds’; MoF, PBoC clash amid worsening economy

SinoInsight 1 In the late morning of July 16, several flights at the Beijing Capital International Airport were suddenly delayed, according to the flight information board at the airport. The majority of the delays (wording in red) are due to “military” matters, while “air control” is listed as a reason for the remaining delays. The …

Read moreChina’s local debt ‘iceberg’ emits ‘cracking sounds’; MoF, PBoC clash amid worsening economy

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