But, the scale of credit funds is expanded, incubation period of benefit is relatively long, and without the system and returning mechanism of the loan, thus universities have very large debt risk.

高校信贷资金规模扩大，效益潜伏期较长，缺乏责任人制度和还贷机制，同时又具有很大的债务风险性。

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But, since they expanded so fast, the quality of their risk management has not been tested by a market downturn.

ECONOMIST: Homesick blues