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  • THE ECONOMIC OBSERVER
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    Experts Urge Wen Not to Rush Local Government Debt Solution

     Experts in a meeting with Premier Wen Jiabao, experts suggested that there is no need to rush for a quick solution of local government debt.

    Analysts have worried that banks may accumulate bad debts from local governments and unfinished projects could be adandoned.

    Source: Caijing

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