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Chinese local authority debt: The makings of a crisis?

Thomas Vendryes
Translated by Elizabeth Guill
p. 84-85


Huo Kan1 and Wang Changyong2, “Enquiry into the black hole of local debt,” a special report by the magazine Xin shijiNew Century, no. 440, 7 March 2011:
— article 1: “Enquiry into the black hole of local debt”;
— article 2: “ The emergence of national debt”;
— article 3: “The many heads of the statistical institutions”;
— article 4: “Seeds of crisis”;
— article 5: “In search of debt-reducing policies”;
— article 6: “What direction for local funding?”

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1  Journalist.

2  Economist, Director of the Kunming Steel Company.

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Electronic reference

Thomas Vendryes, « Chinese local authority debt: The makings of a crisis? », China Perspectives [Online], 2011/3 | 2011, Online since 30 September 2014, connection on 27 May 2017. URL :

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