Experts concerned over huge loans to local govts
By Wang Xiaotian | China Daily | Updated: 2010-05-13 07:58
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The Jiangbei International Airport construction site in Chongqing. Government investment and financing companies have been set up across the country to attract capital used in infrastructure and the construction of other public facilities. Stefen Chow / Bloomberg |
Tightening measures may make it hard for firms to repay their debts
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