David Tingxuan Zhang is an analyst at Trivium China, a Beijing-based strategic advisory firm.
Hidden local government debt may be close to half of China's GDP

A view of an unfinished residential development by China Evergrande Group in the outskirts of Shijiazhuang, Hebei province, China February 1, 2024. © Reuters
David Tingxuan Zhang is an analyst at Trivium China, a Beijing-based strategic advisory firm.