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MWM

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Alias Born 03/31/2006

MWM

Re: None

Tuesday, 04/16/2013 11:03:29 PM

Tuesday, April 16, 2013 11:03:29 PM

Post# of 157
China Local Authority Debt 'Out of Control:' Auditor

A senior Chinese auditor has warned that local government debt is "out of control" and could spark a bigger financial crisis than the U.S. housing crash. The Financial Times reports.

Full Story:
http://www.cnbc.com/id/100646465

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