Recent state of China

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(1)GAS SUPPLY SUSPENSION AFTER GAS SUPPLIER SUPPLY OPERATED BY LOCAL GOVERNMENT SUPPLY

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(1)Photo source Shinhwa Ilbo
(2)due to the suspension of subsidies
(3)Bus services in some areas have been suspended

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(1)China’s local government officials have been delayed for months

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(1)an unpaid power outage notice
(2)China Guangxi Zhuang Autonomous Region Public Security Office
(3)About 90 million won in unpaid electricity bills

the condition of having no money in the country

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(1)More than 17 out of China’s 31 regions exceed debt limits

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(1)Map of China’s debt-to-income ratio
(2)Source: Bloomberg

a serious debt

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(1)Local government financing vehicles in China to finance local governments with donor assets as collateral

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(1)It is not classified as LGFV’s official debt
(2)The actual amount of local government debt is expected to be larger

I don’t know how much it’s actually

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(1)local government bond interest
(2)It is estimated to exceed about 182 trillion won

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If you open it, you’ll die

Japan also has a history of being stopped

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