{"id":2897,"date":"2021-03-10T10:45:18","date_gmt":"2021-03-10T10:45:18","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=2897"},"modified":"2021-03-10T10:45:18","modified_gmt":"2021-03-10T10:45:18","slug":"chinas-debt-laden-local-governments-urged-not-to-blindly-expand-post-covid-infrastructure-projects","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=2897","title":{"rendered":"China\u2019s debt-laden local governments urged not to \u2018blindly expand\u2019 post-Covid infrastructure projects"},"content":{"rendered":"<p>Source: South China Morning PostChina\u2019s top legislature has urged the nation\u2019s cash-strapped regional governments not to \u201cblindly expand\u201d infrastructure projects due to concern about mounting financial risks stemming from trillions of yuan worth of coronavirus stimulus last year.\u201cSome regional governments are facing heavy debt burdens, while there were still new increases of implicit liabilities,\u201d the financial and economic affairs committee of the National People\u2019s Congress (NPC) said during its review of budget\u2026<a href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3124855\/chinas-debt-laden-local-governments-urged-not-blindly-expand\" target=\"_blank\" rel=\"noopener\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: South China Morning PostChina\u2019s top legislature has urged the nation\u2019s cash-strapped regional governments not to \u201cblindly expand\u201d infrastructure projects due to concern about mounting financial risks stemming from trillions&hellip; <\/p>\n","protected":false},"author":0,"featured_media":2898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/2897"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2897"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/2897\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/2898"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2897"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}