China Briefing News

China’s Local Debt Problems May Mean Further Privatization


Mar. 19 – China will resort to “market-oriented” measures to tackle its local debt issues, Chinese Premier Wen Jiabao said at a press conference last Wednesday after the closing of the Fifth Session of the Eleventh National People’s Congress. Wen’s remarks have signaled that China may allow more private investors to buy out some of […]

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