Financial stability
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Showing posts with label
China's GDP
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Showing posts with label
China's GDP
.
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Tuesday, December 31, 2013
China says local government debt soars
BEIJING:
China
on Monday announced the results of a long-awaited debt audit, revealing that liabilities carried by local governments ballooned to 17.9 trillion yuan ($2.95 trillion) as of the end of June.
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