China’s finance ministry has acknowledged that public-private partnerships for infrastructure investment have become a vehicle for “disguised borrowing” by local governments, as Beijing targets systemic risk from rising regional debt.
manbetx3.0 财政部承认,面向基础设施投资的公私合作伙伴关系安排已经变成地方政府变相举债的工具。目前北京方面正在应对区域债务不断上升所带来的系统性风险。
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