2013-10-17
New Audit May Reveal Local Government Debt As High As $4 Trillion
The author is head of Greater China research at Standard Chartered, Stephen Green It looks increasingly likely that China’s government will release a big new official estimate for local government debt in October. This is the clear message from recent commentary by central government officials. We estimate that the number could be RMB21.9 trillion to […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.