{"id":40780,"date":"2009-06-14T23:16:49","date_gmt":"2009-06-15T06:16:49","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/?p=40780"},"modified":"2009-06-14T23:16:49","modified_gmt":"2009-06-15T06:16:49","slug":"diet-risks-at-a-government-finance-feast","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2009\/06\/diet-risks-at-a-government-finance-feast\/","title":{"rendered":"Diet Risks at a Government Finance Feast"},"content":{"rendered":"<p>From <a href=\"http:\/\/english.caijing.com.cn\/2009-06-12\/110183475.html\">Caijing Magazine<\/a>:<\/p>\n<blockquote><p>Financial crisis? What financial crisis? Local governments across China simply can&#8217;t fathom the fuss. They&#8217;re not starved of credit. In fact, they&#8217;re enjoying a veritable financing feast.<\/p>\n<p>Figurative chopsticks are digging deep into financing platforms offered by investment companies created by and operating inside local government offices, from city finance bureaus to local branches of the <a href=\"http:\/\/en.wikipedia.org\/wiki\/National_Development_and_Reform_Commission\">National Development and Reform Commission (NDRC)<\/a>.<\/p>\n<p>These days, a single city hall may be sponsoring several financing platforms at once, perhaps one for construction projects and another for alternative energy programs. Investment vehicles are also doing business at provincial and township government levels. <\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>From Caijing Magazine: Financial crisis? What financial crisis? Local governments across China simply can&#8217;t fathom the fuss. They&#8217;re not starved of credit. In fact, they&#8217;re enjoying a veritable financing feast. Figurative chopsticks are digging deep into financing platforms offered by investment companies created by and operating inside local government offices, from city finance bureaus to [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[7457,2819,3375],"class_list":["post-40780","post","type-post","status-publish","format-standard","hentry","category-economy","tag-economic-stimulus-plan","tag-finance","tag-financial-policies","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Diet Risks at a Government Finance Feast<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/chinadigitaltimes.net\/2009\/06\/diet-risks-at-a-government-finance-feast\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Diet Risks at a Government Finance Feast\" \/>\n<meta property=\"og:description\" content=\"From Caijing Magazine: Financial crisis? What financial crisis? Local governments across China simply can&#8217;t fathom the fuss. They&#8217;re not starved of credit. In fact, they&#8217;re enjoying a veritable financing feast. Figurative chopsticks are digging deep into financing platforms offered by investment companies created by and operating inside local government offices, from city finance bureaus to [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"http:\/\/chinadigitaltimes.net\/2009\/06\/diet-risks-at-a-government-finance-feast\/\" \/>\n<meta property=\"og:site_name\" content=\"China Digital Times (CDT)\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ChinaDigitalTimes\" \/>\n<meta property=\"article:published_time\" content=\"2009-06-15T06:16:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/chinadigitaltimes.net\/wp-content\/uploads\/2021\/08\/CDT-logo.png\" \/>\n\t<meta property=\"og:image:width\" content=\"186\" \/>\n\t<meta property=\"og:image:height\" content=\"177\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Liu Yong\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" 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