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Realistbear

Chinese Local And State Governments Skint

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http://uk.finance.yahoo.com/news/china-tries-to-soothe-fears-about-local-debt-reuters_molt-507097fbc941.html?x=0

China tries to soothe fears about local debt

Aileen Wang King and Simon Rabinovitch, 10:00, Thursday 19 August 2010
BEIJING (
Reuters
) - China on Thursday played down the risks in a wave of borrowing by local governments, saying that officials were getting to grips with a debt problem that economists warn could yet destabilise the financial system.

Who would have thought it, I mean...tut tut.... :blink:

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  • 138 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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