Series: IMF Working Papers
Author(s): Yuanyan Zhang , and Steven Barnett
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 14 January 2014
Keywords: Fiscal Vulnerabilities, Fiscal Risks, Local Government Finance, Land Finance, Gross Financing Needs, fiscal deficit, fiscal debt, fiscal data, fiscal activity, General,
China weathered the global financial crisis better than most, thanks to a large and timely stimulus. This stimulus, however, was mainly in the form of off-budget infrastructure spending and thus not visible in the...