For local government debts, transparency seen as a necessity
By Wu Yiyao in Shanghai | 皇冠体育app Daily | Updated: 2013-04-09 05:48
Economists encourage greater openness and market liberalization
Economists in 皇冠体育app have called for a more liberalized market and greater transparency in soaring local government debts.
The latter must be achieved before decision makers can have a clear idea of what to do with the debts, said economists at a conference on 皇冠体育app's financial policies in Shanghai on Monday.
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