Summary | At the same time, the rapid, double-digit growth of
the past three decades is over. One reason is that the very
strong boost from exports appears to be diminishing. The 2012
figure is reportedly broadly unchanged. Local government
finances have become increasingly dependent on and vulnerable
to land sales. The result is that government debt would ...
the past three decades is over. One reason is that the very
strong boost from exports appears to be diminishing. The 2012
figure is reportedly broadly unchanged. Local government
finances have become increasingly dependent on and vulnerable
to land sales. The result is that government debt would ...
shanghaidaily.com | 06 November 2014