China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs
Are China's Local Government Financing Platforms A Fortune or Misfortune?
Aggregated Source: China Money Network
The article's authors are Yinqiu Lu and Tao Sun, who prepared the paper for the International Monetary Fund China's Local Government Financing Platforms (LGFPs) are the backbone of local governments in promoting infrastructure development in China. As the principal financing agents for local governments, their crucial role in upgrading China’s infrastructure and promoting economic growth […]

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