Fighting local government debt, with Victor Shih and Max Zenglein

After months of weak economic performance, Beijing has introduced a series of measures aimed at stabilizing the economy. They include a 10 trillion yuan local government debt restructuring package. To shed light on the blatant levels of local government indebtedness, Claudia Wessling, Director Communications and Publications at MERICS, talks to Victor Shih and Max Zenglein. Victor is a professor of political science, director of the 21st Century China Center at the School of Global Policy an...