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Cracking the Code: Navigating the Debt Crisis of Chinese Local Governments and LGFVs in China

Cracking the Code: Navigating the Debt Crisis of Chinese Local Governments and LGFVs in China

by rpafdaccess | Sep 9, 2024 | China, Financial distress, Insolvency, Local government, News, Public-private partnerships, UN sustainable development goals

Author: Shuai GUO, Rebecca PARRY, Eugenio VACCARI Local governments have played a pivotal role in China’s rapid economic growth, yet they have simultaneously faced unique financial pressures. The demands on local governments have increased significantly due to...
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