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China debt: is Beijing using a ‘shadow stimulus’ to shore up flagging economic growth?

Summary:
[unable to retrieve full-text content]China is increasingly turning to local government borrowing and regional banks to shore up growth, rather than conventional fiscal and monetary expansion, according to some analysts.

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[unable to retrieve full-text content]
China is increasingly turning to local government borrowing and regional banks to shore up growth, rather than conventional fiscal and monetary expansion, according to some analysts.

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