China's Macroeconomic Outlook

Quarterly Forecast and Analysis Report, February 2014 de

,

Éditeur :

Springer


Collection :

Current Chinese Economic Report Series

Paru le : 2015-01-06

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Description
?This book  provides key insights into how to control local government debts and optimize the makeup of debts in China. The rapid growth of investment in infrastructure on the part of local governments has offset the slowdown of investment growth in manufacturing and real estate and maintained the growth rate of 7.7% in 2013. However, local governments’ debts have accumulated, which increases the risk of debt default and threatens the stability of China’s financial system. The research suggests that increasing the proportion of issuing bonds in total debts would be the first step toward eliminating the debt risk. Second, the Chinese government should play its part; and lastly, the government should relinquish its administrative control and monopoly in order to allow the service industry to further develop.
Pages
66 pages
Collection
Current Chinese Economic Report Series
Parution
2015-01-06
Marque
Springer
EAN papier
9783662458648
EAN EPUB
9783662458655

Informations sur l'ebook
Nombre pages copiables
0
Nombre pages imprimables
6
Taille du fichier
1147 Ko
Prix
52,74 €