... property right market 产权市场 public financing rate 财政 purchasing power parity 购买力平价法 ...
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public financing rate
公共融资利率
以上为机器翻译结果，长、整句建议使用 人工翻译 。
They have borrowed not only for their own direct purposes to build public works and housing but also for enterprises known as local-government financing vehicles, whose businesses often have a low rate of return.
WSJ: Philip Bowring: China Needs a 1997-Style Crisis
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