Asia – Economy
Showing posts with label
China's public spending
.
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Showing posts with label
China's public spending
.
Show all posts
Wednesday, January 1, 2014
China $3 trillion local government debt stirs alarm
BEIJING: Calls for China to accelerate
financial reforms
grew louder on Monday after figures showed its indebted local governments owe nearly $3 trillion in a debt build-up that some analysts called alarming.
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