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Monday, March 2, 2026
TopicLocal government financing vehicles

Topic: local government financing vehicles

Why China’s local government debt nearly doubled in 5 yrs, and why problem may get worse

Keshav Padmanabhan -
Debt owed by China’s famed local-government financing vehicles (LGFVs) reached roughly $7.8 trillion in 2022, almost double that of 2017, according to IMF report.

On Camera

YourTurn

Opinion

Economy

Russian buffer for crude, but India’s LPG imports vulnerable as Iran conflict chokes Strait of Hormuz

Udit Bubna -
India imports roughly 80–85% of its LPG requirements, with bulk sourced from Gulf suppliers, almost all of it coming through the Strait of Hormuz.

Defence

India has ordered more Polish drones, Indian firm keen to set up munitions factory in Poland—Warsaw’s envoy

Snehesh Alex Philip -
New Delhi: India is right to pursue and strike terrorists where they are, as during Op Sindoor, Poland’s Ambassador to India Dr Piotr Antoni...

National Interest

Pakistan is fighting a two-front war. I saw it coming 15 yrs ago

Shekhar Gupta -
The Pakistani political leadership is weak and devoid of any intellect. Its diplomacy is entirely India-China-US focused and suffers from a presumptive view of Afghanistan as a vassal.

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