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Debt alert for local authorities

By Eva Patterson,2014-11-30 22:37
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Debt alert for local authorities Reliance on infrastructure may lead to overexposure, experts say Plans announced by local governments to invest heavily in fixed assets this year have ignited a chorus of debt warnings from experts. A total of 19 provincial-level regions, out of 31 on the mainland, have set fixed-asset investment growth targets above 20 percent. Most of them are ..
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