#1 郎咸平：中国将成为世界上最穷的国家
Chinese Provincial Debt Reaching Crisis Point

Business, Peter Shadbolt

Hong Kong (CNN)- Fears that China could soon be facing its own Lehman-style banking meltdown are being fueled by a National Audit Office report which found 531 billion yuan (US$84 billion) worth of irregularities in local government debt.

According to the Chinese government website ( [url]www.gov.cn[/url] ), the audit found 10.7 trillion yuan of local government debt at the end of 2010, a result of easy loans made ..

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