Southwest China’s Guizhou province is renowned as the home of iconic liquor maker Kweichow Moutai Co. Ltd. (600519.SH), the most valuable company on the Shanghai stock exchange. But it’s also renowned for being one of the poorest provinces in the country, and one of the most heavily indebted.
In Depth: How One Chinese Province Is Struggling to Deal With Its Debt Mountain
2022年01月10日 16:18
Guizhou is one of the country’s most heavily indebted regions, but unlike its richer counterparts, has few real options to tackle the problem
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- A flyover under construction on Saturday in Zunyi, Southwest China’s Guizhou province. Photo: VCG
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