This was the year of "forced transparency" in China, exposing bad debt and bad pollution.
Local governments in China have taken the homes of at least 40 million people, selling that land to... Read more
Most small businesses in China can’t get a simple loan from a bank. The practice of 'shadow... Read more
China's economy is starting to slow down. While 7.6 percent GDP growth sounds great to us, the... Read more
China's own premier has called China's growth figures 'manmade.' Find out what... Read more
The numbers for July 3, 2013: China's Manhattan
The percentage of Tianjin’s fixed-asset investment to GDP in 2012. The national average ratio is 43 percent. (Tianjin Statistics Bureau)
Tianjin Municipal Government’s debt ratio in 2009, near three times of the internationally accepted alarm level. (National Development and Reform Center)
The height of the Rockefeller Center tower under construction in Yujiapu. (Xinhua News)
The total amount of debt that local governments in China have amassed by the end of 2012, up 13 percent from 2010. (National Audit Office)
China’s local government debt at the end of 2012, equal to one-fourth of China’s GDP.(Fitch Ratings)
The estimated number of people relocated for the construction of Yujiapu area. (Bloomberg)
Amount of debt that Tianjin Infrastructure Construction and Investment Group, a local government-owned entity that’s helping finance Yujiapu recorded in 2011, more than any ...