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Local government financing Vehicle
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Beijing Enters China's New Bond Market
By Shannon Tiezzi
Beijing is the 8th local government to issue bonds under a pilot program to combat shadow banking.
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In China, All Politics are Getting More Local
Xi Jinping and Li Keqiang’s core constituency consists of China’s roughly 3,200 local party leaders.
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The “Hidden” Costs of China’s Bad Loans
Non-performing loans may not bring down China’s banks, but they will hinder its economic transition.
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