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The country's economy at this moment is built around free-flowing credit to state enterprises and local governments, and that credit comes from these intermediaries.
FORBES: New Asia
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But myriad funds are squirrelled away from the official budget: in ministries and state enterprises, and with provincial and local governments.
ECONOMIST: China pedals harder
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Through placement in arts and crafts institutions, enterprises and associations in other countries, students benefit from the know-how of local craftspeople, acquire new skills to complement their initial training, while also sharing their own experience with others.
UNESCO: MEDIA SERVICES