HomeAnalysis – A $1 trillion headache: China’s local fiscal shortfall poses broader growth risksFILE PHOTO: Construction site of a bridge is seen during

FILE PHOTO: Construction site of a bridge is seen during

FILE PHOTO: A construction site of a bridge is seen during a government-organised media tour in Liangshan Yi Autonomous Prefecture, Sichuan province, China September?11, 2020. Picture taken through a glass window on September 11, 2020. REUTERS/Tingshu Wang/File Photo