LGFVs borrow on behalf of local governments and then fund infrastructure projects. LGFVs borrow on behalf of local governments and then fund infrastructure projects.
LGFVs borrow on behalf of local governments and then fund infrastructure projects.
China economy

Provincial debt won't be threat to the economy, says Standard & Poor's

Ratings agency says the mainland economy is expected to expand in the next few years at a rate that can support government liabilities

Topic |   China economy
LGFVs borrow on behalf of local governments and then fund infrastructure projects. LGFVs borrow on behalf of local governments and then fund infrastructure projects.
LGFVs borrow on behalf of local governments and then fund infrastructure projects.
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