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Local gov’t efforts to complete stalled projects could worsen the situation; China’s weakening exports in Aug. have far-reaching implications

     SinoInsight  1      Sept. 5 Mainland media outlet Yicai Global reported that more than 10 local governments recently introduced measures to help developers complete unfinished projects. Of those localities, the governments of Zhengzhou, Naning, Zhejiang, Hubei, Shaanxi, and some other areas are taking the lead in working with local non-performing asset management companies, local …

Read moreLocal gov’t efforts to complete stalled projects could worsen the situation; China’s weakening exports in Aug. have far-reaching implications

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