Chinas Macroeconomic Outlook

Lieferzeit: Lieferbar innerhalb 14 Tagen

53,49 

Quarterly Forecast and Analysis Report, February 2014, Current Chinese Economic Report Series

ISBN: 366252628X
ISBN 13: 9783662526286
Autor: CMR of Xiamen University
Verlag: Springer Verlag GmbH
Umfang: xi, 66 S., 37 s/w Illustr., 66 p. 37 illus.
Erscheinungsdatum: 06.10.2016
Auflage: 1/2015
Produktform: Kartoniert
Einband: KT

This book  provides key insights into how to control local government debts and optimize the makeup of debts in China. The rapid growth of investment in infrastructure on the part of local governments has offset the slowdown of investment growth in manufacturing and real estate and maintained the growth rate of 7.7% in 2013. However, local governments’ debts have accumulated, which increases the risk of debt default and threatens the stability of China’s financial system. The research suggests that increasing the proportion of issuing bonds in total debts would be the first step toward eliminating the debt risk. Second, the Chinese government should play its part; and lastly, the government should relinquish its administrative control and monopoly in order to allow the service industry to further develop.

Artikelnummer: 9926136 Kategorie:

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