Summary | It is the local government that is feeling the
crunch.Local authorities are unlikely to get much of a boost
from external finance.By the end of June 2013 this had risen to
17.9 trillion yuan.This led some to conclude the Chinese
economy was heading toward its own Lehman moment.It is the
local government that is feeling the crunch.Local authorities ...
crunch.Local authorities are unlikely to get much of a boost
from external finance.By the end of June 2013 this had risen to
17.9 trillion yuan.This led some to conclude the Chinese
economy was heading toward its own Lehman moment.It is the
local government that is feeling the crunch.Local authorities ...
en.ce.cn | 03 February 2016