China’s Macroeconomic Outlook: Quarterly Forecast and Analysis Report, February 2014

​This book provides key insights into how to control local government debts and optimize the makeup of debts in China. The rapid growth of investment in infrastructure on the part of local governments has offset the slowdown of investment growth in manufacturing and real estate and maintained the g...

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Tác giả chính: Xiamen da xue. Center for Macroeconomic Research.
Định dạng: Sách
Ngôn ngữ:English
Được phát hành: Springer 2015
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Truy cập trực tuyến:https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/59283
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spelling oai:scholar.dlu.edu.vn:DLU123456789-592832023-11-11T06:35:19Z China’s Macroeconomic Outlook: Quarterly Forecast and Analysis Report, February 2014 Xiamen da xue. Center for Macroeconomic Research. Macroeconomics China Economic conditions -- 2000 Business ​This book provides key insights into how to control local government debts and optimize the makeup of debts in China. The rapid growth of investment in infrastructure on the part of local governments has offset the slowdown of investment growth in manufacturing and real estate and maintained the growth rate of 7.7% in 2013. However, local governments’ debts have accumulated, which increases the risk of debt default and threatens the stability of China’s financial system. The research suggests that increasing the proportion of issuing bonds in total debts would be the first step toward eliminating the debt risk. Second, the Chinese government should play its part; and lastly, the government should relinquish its administrative control and monopoly in order to allow the service industry to further develop. 2015-12-03T07:00:13Z 2015-12-03T07:00:13Z 2015 Book 978-3-662-45865-5 978-3-662-45864-8 https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/59283 en application/pdf Springer
institution Thư viện Trường Đại học Đà Lạt
collection Thư viện số
language English
topic Macroeconomics
China
Economic conditions -- 2000
Business
spellingShingle Macroeconomics
China
Economic conditions -- 2000
Business
Xiamen da xue. Center for Macroeconomic Research.
China’s Macroeconomic Outlook: Quarterly Forecast and Analysis Report, February 2014
description ​This book provides key insights into how to control local government debts and optimize the makeup of debts in China. The rapid growth of investment in infrastructure on the part of local governments has offset the slowdown of investment growth in manufacturing and real estate and maintained the growth rate of 7.7% in 2013. However, local governments’ debts have accumulated, which increases the risk of debt default and threatens the stability of China’s financial system. The research suggests that increasing the proportion of issuing bonds in total debts would be the first step toward eliminating the debt risk. Second, the Chinese government should play its part; and lastly, the government should relinquish its administrative control and monopoly in order to allow the service industry to further develop.
format Book
author Xiamen da xue. Center for Macroeconomic Research.
author_facet Xiamen da xue. Center for Macroeconomic Research.
author_sort Xiamen da xue. Center for Macroeconomic Research.
title China’s Macroeconomic Outlook: Quarterly Forecast and Analysis Report, February 2014
title_short China’s Macroeconomic Outlook: Quarterly Forecast and Analysis Report, February 2014
title_full China’s Macroeconomic Outlook: Quarterly Forecast and Analysis Report, February 2014
title_fullStr China’s Macroeconomic Outlook: Quarterly Forecast and Analysis Report, February 2014
title_full_unstemmed China’s Macroeconomic Outlook: Quarterly Forecast and Analysis Report, February 2014
title_sort china’s macroeconomic outlook: quarterly forecast and analysis report, february 2014
publisher Springer
publishDate 2015
url https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/59283
_version_ 1782548659959758848