{"id":46483,"date":"2023-04-17T10:39:44","date_gmt":"2023-04-17T05:09:44","guid":{"rendered":"http:\/\/finservwealth.com\/can-china-contain-its-8-3-billiona-fiscal-crisis-2\/"},"modified":"2023-04-17T10:39:44","modified_gmt":"2023-04-17T05:09:44","slug":"can-china-contain-its-8-3-billiona-fiscal-crisis-2","status":"publish","type":"post","link":"https:\/\/finservwealth.com\/hi\/can-china-contain-its-8-3-billiona-fiscal-crisis-2\/","title":{"rendered":"Can China contain its $8.3 billion\u00c2\u00a0fiscal crisis?"},"content":{"rendered":"<p> For years,\u00c2\u00a0China#39;s\u00c2\u00a0municipalities relied on\u00c2\u00a0off-balance-sheet entities to fund infrastructure and support local economy.\u00c2\u00a0\u00c2\u00a0As a consequence, local government\u00c2\u00a0financing vehicles#39;\u00c2\u00a0debt has risen\u00c2\u00a0to $8.3 trillion, or 48 percent of China\u00e2\u20ac\u2122s GDP<\/p><div id=\"finse-202996085\" class=\"finse-content finse-entity-placement\"><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-9118214110898834\" crossorigin=\"anonymous\"><\/script><ins class=\"adsbygoogle\" style=\"display:block;\" data-ad-client=\"ca-pub-9118214110898834\" \ndata-ad-slot=\"\" \ndata-ad-format=\"auto\"><\/ins>\n<script> \n(adsbygoogle = window.adsbygoogle || []).push({}); \n<\/script>\n<\/div>\n<p><a href=\"https:\/\/www.moneycontrol.com\/news\/economy\/can-china-contain-its-3683-billion%C3%82%C2%A0fiscal-crisis_16960581.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>\n<p>\u200b\u00a0For years,\u00c2\u00a0China#39;s\u00c2\u00a0municipalities relied on\u00c2\u00a0off-balance-sheet entities to fund infrastructure and support local economy.\u00c2\u00a0\u00c2\u00a0As a consequence, local government\u00c2\u00a0financing vehicles#39;\u00c2\u00a0debt has risen\u00c2\u00a0to $8.3 trillion, or 48 percent of China\u00e2\u20ac\u2122s GDP For years,\u00c2\u00a0China#39;s\u00c2\u00a0municipalities relied on\u00c2\u00a0off-balance-sheet entities to fund infrastructure and support local economy.\u00c2\u00a0\u00c2\u00a0As a consequence, local government\u00c2\u00a0financing vehicles#39;\u00c2\u00a0debt has risen\u00c2\u00a0to $8.3 trillion, or 48 percent of China\u00e2\u20ac\u2122s GDP\u00a0\u00a0Moneycontrol Latest News\u00a0<a href=\"https:\/\/www.moneycontrol.com\/news\/economy\/can-china-contain-its-3683-billion%C3%82%C2%A0fiscal-crisis_16960581.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a>\u00a0\u00a0<\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p> For years,\u00c2\u00a0China#39;s\u00c2\u00a0municipalities relied on\u00c2\u00a0off-balance-sheet entities to fund infrastructure and support local economy.\u00c2\u00a0\u00c2\u00a0As a consequence, local government\u00c2\u00a0financing vehicles#39;\u00c2\u00a0debt has risen\u00c2\u00a0to $8.3 trillion, or 48 percent of China\u00e2\u20ac\u2122s GDP<\/p>\n<p><a href=\"https:\/\/www.moneycontrol.com\/news\/economy\/can-china-contain-its-3683-billion%C3%82%C2%A0fiscal-crisis_16960581.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>\n<p>\u200b\u00a0For years,\u00c2\u00a0China#39;s\u00c2\u00a0municipalities relied on\u00c2\u00a0off-balance-sheet entities to fund infrastructure and support local economy.\u00c2\u00a0\u00c2\u00a0As a consequence, local government\u00c2\u00a0financing vehicles#39;\u00c2\u00a0debt has risen\u00c2\u00a0to $8.3 trillion, or 48 percent of China\u00e2\u20ac\u2122s GDP For years,\u00c2\u00a0China#39;s\u00c2\u00a0municipalities relied on\u00c2\u00a0off-balance-sheet entities to fund infrastructure and support local economy.\u00c2\u00a0\u00c2\u00a0As a consequence, local government\u00c2\u00a0financing vehicles#39;\u00c2\u00a0debt has risen\u00c2\u00a0to $8.3 trillion, or 48 percent of China\u00e2\u20ac\u2122s GDP\u00a0\u00a0Moneycontrol Latest News\u00a0<a href=\"https:\/\/www.moneycontrol.com\/news\/economy\/can-china-contain-its-3683-billion%C3%82%C2%A0fiscal-crisis_16960581.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a>\u00a0\u00a0<\/p>\n<p><!-- \/wp:html --> For years,\u00c2\u00a0China#39;s\u00c2\u00a0municipalities relied on\u00c2\u00a0off-balance-sheet entities to fund infrastructure and support local economy.\u00c2\u00a0\u00c2\u00a0As a consequence, local government\u00c2\u00a0financing vehicles#39;\u00c2\u00a0debt has risen\u00c2\u00a0to $8.3 trillion, or 48 percent of China\u00e2\u20ac\u2122s GDP<\/p>","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[70],"tags":[],"class_list":["post-46483","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news"],"jetpack_featured_media_url":"https:\/\/www.moneycontrol.com\/news_image_files\/2023\/200x200\/c\/china-building-bbo_200.jpg","_links":{"self":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts\/46483","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/comments?post=46483"}],"version-history":[{"count":0,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts\/46483\/revisions"}],"wp:attachment":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/media?parent=46483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/categories?post=46483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/tags?post=46483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}