China’s central bank is considering extraordinary measures to boost credit flows to heavily indebted local governments, according to local media reports, as Beijing struggles to recapitalise the provinces after years of unsustainable borrowing and investment.
據中國媒體報道,中國央行正考慮采取非常措施提振流向負債累累的地方政府的信貸。經過多年不可持續的借款和投資后,北京方面正艱難地對地方政府進行資本重組。
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