Domestic savings pools have deepened over the past decade to absorb the supply of local debt issues.

国内储蓄在过去十年增加了并消化了国内债务的供给。

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Besides, China's local debt, over 70% of which was incurred for infrastructure development, is backed by assets.

地方性债务70%以上用于基础设施建设，是有资产保障的。

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CHINA BUSINESS JOURNAL news, according to the bond issue size of this year, it is expected that next year's local debt replacing stock debt will end.

中国经营报消息，按照今年的发债规模，预计明年地方债券置换存量债务将结束。

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With the fiscal decentralization, local debt increasingly expands and debt defaults are not scarce in the world, some of which resulted in severe instability of macro-economy.

伴随着财政分权，世界范围内，地方公共债务的日渐膨胀以及拖欠或违约已不是个别现象，情况严重的甚至引发了一国宏观经济的不稳定。

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For instance, WisdomTree emerging Markets Local Debt (ELD) tracks a portfolio of government bonds from 15 emerging-market countries, including China, Brazil, and South Korea.

比如WisdomTree EmergingMarketsLocal Debt，它跟踪由中国、巴西、韩国等15个新兴国家的公债组合。

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For instance, WisdomTree emerging Markets Local Debt (ELD) tracks a portfolio of government bonds from 15 emerging-market countries, including China, Brazil, and South Korea.

比如WisdomTree EmergingMarketsLocal Debt，它跟踪由中国、巴西、韩国等15个新兴国家的公债组合。

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