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In Depth: Can Local Governments Again Come to the Rescue?

2019年09月27日 19:45 来源于 财新网
Policymakers are hoping that boosting special-bond sales can kick-start infrastructure investment. It may not be that simple

As the urgency of halting a deeper slide in China’s economic growth increases, the government is, once again, turning to local authorities to put a floor under the slowdown by boosting investment on infrastructure projects such as roads and railway construction.

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