Tag
Local government financing Vehicle
![Beijing Enters China's New Bond Market Beijing Enters China's New Bond Market](https://thediplomat.com/wp-content/uploads/2014/08/sizes/thumbnail/thediplomat_2014-08-21_15-02-22.jpg)
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.
![In China, All Politics are Getting More Local In China, All Politics are Getting More Local](https://thediplomat.com/wp-content/uploads/2013/11/sizes/thumbnail/19776_5285fadcd3021.jpg)
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.
![The “Hidden” Costs of China’s Bad Loans The “Hidden” Costs of China’s Bad Loans](https://thediplomat.com/wp-content/uploads/2013/06/sizes/thumbnail/2657_5243835188245.jpg)
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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