Investing like conglomerates: is diversification a blessing or curse for China's local governments?

by Jianchao Fan, Jing Liu and Yinggang Zhou

Year of publication:	2021
Authors:	Fan, Jianchao ; Liu, Jing ; Zhou, Yinggang
Publisher:	[Basel] : Bank for International Settlements, Monetary and Economic Department
Subject:	local government financing vehicle \| diversified investment \| government debt \| conglomerate \| China \| Diversifikation \| Diversification \| Konglomerat \| Conglomerate \| Gemeindefinanzen \| Local government finance \| Kommunalverwaltung \| Local government \| Öffentliche Schulden \| Public debt \| Öffentliche Investition \| Public investment

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