Rand Report: China's Local Government Debt
November 11, 2026
November 11, 2026
SANTA MONICA, California, Nov. 11 (TNSLrpt) -- Rand Report issued the following report on October 26, 2026, entitled "China's Local Government Debt."
Here are excerpts:
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In response to the global financial crisis that began in 2008, China unleashed a debt-fueled stimulus to maintain growth and employment. Although the global financial crisis has come and gone, debt-fueled growth has not. One measure of credit registered China's debt . . .
Here are excerpts:
* * *
In response to the global financial crisis that began in 2008, China unleashed a debt-fueled stimulus to maintain growth and employment. Although the global financial crisis has come and gone, debt-fueled growth has not. One measure of credit registered China's debt . . .