Sentences with phrase «high local government debt»

As a perverse reward for its rapid growth and heavy infrastructure investment, China is starting to face some of the trials of mature economies: a stagnant workforce, a real estate bubble, and high local government debt levels.

Not exact matches

China may witness its first local government bond defaults, although the timing was uncertain, Fitch Ratings said in a press release issued on Sunday, amid persistent concerns over high debt levels in the world second largest economy.

The cost of borrowing in China has been cut aggressively since the autumn of 2014 in response to the slowdown in the economy and the distress caused to property owners, local government and corporations by high debt - servicing costs.

New York state has had the highest state and local government debt per capita since at least 2011.

If state and local governments are required to pour money into pension debts, that's money they won't have available to support other government services, including higher education.

We share years of experience forging and implementing public - private partnerships, incentive, development and infrastructure agreements, economic development incentive and tax increment financing programs; assisting secondary and higher education institutions, healthcare organizations, cultural institutions, electric and gas power providers, and air, land and sea transportation entities with their debt issuances; serving as bond counsel to a wide array of local and state government entities; and serving as underwriters» counsel to many national and regional underwriters of municipal bonds and as counsel to direct purchasers of municipal debt obligations.