Is China s Public Debt Worrisome? ; By Madhumitha R c3sindia.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from c3sindia.org Daily Mail and Mail on Sunday newspapers.
Chinese local government entities have carried the mantle of cornerstone investors in first-time stock offerings in Hong Kong in the past two years as foreign investors shun deals. Their outsize role could work against the city’s capital market, market experts say.
China’s State Council has told local governments the imposition of heavy fines as a means of generating revenue would not be tolerated, putting those offices in a bind as traditional funding sources have dried up.
China Growth Could Slow Amid Limited Policy Options seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.