China's Local Government Financing Vehicle Borrowing Costs Drop to Record Low

China's Local Government Financing Vehicle Borrowing Costs Drop to Record Low

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For your information, you can find below the description of the video China's Local Government Financing Vehicle Borrowing Costs Drop to Record Low published by the Youtube channel Bloomberg Television:

China’s off-the-books local government debt market has seen signs of a possible turn. The sector was flagged as the top financial risk in Asia just a few months ago, but now borrowing costs have fallen to a record low. Wei Zhou reports on "Bloomberg: The China Show."
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