Is China ready for asset sales to address its local government debt?
Publicada el viernes, 14 de marzo de 2014 | Actualizada el viernes, 17 de junio de 2016
Is China ready for asset sales to address its local government debt?
Resumen
Local governments have much more debt today than we thought they had during the last assessment in 2011. We see three risks arising from the increase in local government debt: maturity mismatches, rising interest burdens, and repayment difficulties.
Temáticas
- Etiquetas de Temática
- Banca
Autores
Alicia García-Herrero
Le Xia
BBVA Research - Economista Jefe