| Abstract: | The financing vehicles of local governments remain a concern despite government efforts to control their mountains of debt.Mergers and ac- quisitions are on the rise in the real estate sector as deep-pocketed developers take over financially starved rivals.China snaps up long-term Japanese govern- ment debt as the country attempts to diversify its holdings of foreign exchange reserves.Growth in the non-manufacturing sector has slowed,due to a drop in the purchasing managers index in May.Ford Motor aims to e... |
