Local government finance vehicles are one of key weak links in China’s financial system. Read this report by Sun You ft.com/content/9688e7…
Along with Box 1.3 in @IMFNews GFSR for really alarming data! LGFV debt = local and central gov debt together!
imf.org/en/Publication… https://t.co/1awJfCEbFf
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…