Tuesday, July 5, 2011

China's local govt debt understated by $540 billion � Times LIVE

MarketWatchChina's local govt debt understated by $540 billionTimes LIVEMoody's said it derived the additional 3.5 trillion yuan of debt after comparing the estimate of China's state auditor with that of the bank regulator. The ratings agen... http://twlv.net/WvQLyx

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