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Economy

Half-built palaces and towers expose rural China's debt risk

Guizhou county saddled with billions in loans after construction spree

HONG KONG -- A man surnamed Lou, the 42-year-old boss of a travel company in the southwestern Chinese province of Guizhou, never thought his small home county would become famous this way.

The county of Dushan, meaning "single mountain," made headlines this month after a vlog titled "How Dushan Burnt 40 billion" went viral on Chinese social media.

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