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Risk in local govt debt 'well under control'

By Wu Yiyao in Shanghai | China Daily | Updated: 2013-08-03 07:34

Risk in local govt debt 'well under control'

Most of the new lending to local government funding vehicles in 2013 went to projects that are in their final phase, according to the China Banking Regulatory Commission. Provided to China Daily

Precise amount of outstanding regional authority loans unknown

Risk in local govt debt 'well under control'

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