The statistic depicts possible debt rescue responsibilities of local governments in China as of June 30, 2013, by origin of loan. At that time, responsibilities for bank loans amounted to almost 2.7 billion yuan.
Possible debt rescue responsibilities of local governments in China as of June 30, 2013, by origin of loan
(in billion yuan)
* According to the report, the Chinese term BT or 'baitiao,' which translates to IOU or debt obligation, was used to describe debt obligations to non-bank institutions.
The title of the report has been translated from Chinese.
According to the source, the audit was conducted by about 54,400 auditors in August and September, 2013. The central government, as well as 31 provinces, 5 directly governed cities, 391 cities, 2,778 towns and 33,091 villages were audited.
Note: 1 yuan equals approximately 0.16 U.S. dollars and 0.12 euros (as of February 2014).
Figures have been rounded to provide better understanding of the statistic.
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National Audit Office China. (December 30, 2013). Possible debt rescue responsibilities of local governments in China as of June 30, 2013, by origin of loan (in billion yuan) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/287181/china-local-governments-possible-debt-rescue-responsibilities-by-origin-of-loan/
National Audit Office China. "Possible debt rescue responsibilities of local governments in China as of June 30, 2013, by origin of loan (in billion yuan)." Chart. December 30, 2013. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/287181/china-local-governments-possible-debt-rescue-responsibilities-by-origin-of-loan/
National Audit Office China. (2013). Possible debt rescue responsibilities of local governments in China as of June 30, 2013, by origin of loan (in billion yuan). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/287181/china-local-governments-possible-debt-rescue-responsibilities-by-origin-of-loan/
National Audit Office China. "Possible Debt Rescue Responsibilities of Local Governments in China as of June 30, 2013, by Origin of Loan (in Billion Yuan)." Statista, Statista Inc., 30 Dec 2013, https://www.statista.com/statistics/287181/china-local-governments-possible-debt-rescue-responsibilities-by-origin-of-loan/
National Audit Office China, Possible debt rescue responsibilities of local governments in China as of June 30, 2013, by origin of loan (in billion yuan) Statista, https://www.statista.com/statistics/287181/china-local-governments-possible-debt-rescue-responsibilities-by-origin-of-loan/ (last visited December 21, 2024)
Possible debt rescue responsibilities of local governments in China as of June 30, 2013, by origin of loan (in billion yuan) [Graph], National Audit Office China, December 30, 2013. [Online]. Available: https://www.statista.com/statistics/287181/china-local-governments-possible-debt-rescue-responsibilities-by-origin-of-loan/