Rating agency in Beijing Oct. 26 / Xinhua Finance has issued a notice that the State Council approved in 2011 in Shanghai, Zhejiang, Guangdong and Shenzhen pilot local governments issue bonds on their own. Meanwhile, the Ministry of Finance issued the "2011 pilot local government bonds on their own way." 21st Century Business Herald commentator Guokai Wen Zhang pointed out that the related debt issuance notice, neither the description of the central government took the issue of bonds ...Beware of big real estate bubble in the local debt
Tuesday, October 25, 2011
Beware of big real estate bubble in the local debt
Rating agency in Beijing Oct. 26 / Xinhua Finance has issued a notice that the State Council approved in 2011 in Shanghai, Zhejiang, Guangdong and Shenzhen pilot local governments issue bonds on their own. Meanwhile, the Ministry of Finance issued the "2011 pilot local government bonds on their own way." 21st Century Business Herald commentator Guokai Wen Zhang pointed out that the related debt issuance notice, neither the description of the central government took the issue of bonds ...Beware of big real estate bubble in the local debt
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