China banking watch: "Who will foot the bill for local government fiscal stimulus?"
Published on Thursday, July 21, 2011
China banking watch: "Who will foot the bill for local government fiscal stimulus?"
Summary
One of the legacies of China's massive infrastructure-focused stimulus program in 2008-2009 has been the rise in local government debt.
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- Asia
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- Macroeconomic Analysis
- Consumption
- Real Estate
- Migration
- Banks
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BBVA Research
BBVA Research
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