The National Audit Office (NAO) recently published audit results of debt held by 36 local governments by the end of 2012. Central government auditors scoured the financials of China’s 15 provincial governments and their capital cities, three municipalities under the central government’s direct administration and the governments of 1 district in each municipality.

China’s Debt Levels Infograph

China Local Government Alarming Debt Levels Infograph

China Local Government Alarming Debt Levels Infographic