Friday, January 24, 2014

Local government financing needs revamp to avoid risk of excessive debt, analysts say





The fast growth in China’s local government debt has highlighted the urgency of a revamp to the country’s seriously imbalanced fiscal system – under which the central government should shoulder more of the load, to ease the burden on provincial, city, county and township









via Business feed http://ift.tt/1c8Z4AF

No comments:

Post a Comment