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    China banking watch: "Who will foot the bill for local government fiscal stimulus?"

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    Published on Thursday, July 21, 2011

    China banking watch: "Who will foot the bill for local government fiscal stimulus?"

    Summary

    One of the legacies of China's massive infrastructure-focused stimulus program in 2008-2009 has been the rise in local government debt.

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    • Asia

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    BBVA Research BBVA Research

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    110721_Chinabankingwatch_tcm346-282214.pdf

    Spanish - July 21, 2011

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