very comfee
https://www.businessinsider.com/china-debt-crisis-6-trillion-off-balance-sheet-debt-poses-titanic-risk-2018-10
China may be sitting on a hidden debt pile of as much as 40 trillion yuan ($6 trillion), concealed off-balance-sheet by the country's local governments, according to research from S&P Global Ratings.
"S&P Global Ratings believes the amount of debt that local governments keep off their balance sheets may be multiples of the publicly disclosed amount," analysts Gloria Lu and Laura Li wrote in a note on Tuesday.
Worldwide expansion fueled by debt. When will this bomb go off?