SHANGHAI -- China's Guizhou Province government has asked lenders for debt relief for state-owned infrastructure investment companies, an unusual step that underscores the debt hidden beneath the surface of the world's second-largest economy.
Shen Yiqin, the Communist Party secretary of Guizhou and top provincial official, summoned executives of financial institutions for a meeting this month regarding loans extended to the poor, landlocked province's local government financing platforms.
