Long Term Leases : Purchasing land and constructing a factory and office building can take up a large part of the capital expenditure budget for a new project in China.

FORBES: New Sources of Capital in China

Even with the daily protestations that marketing is an investment and not a cost, in deference CMOs know their media budget is second or third on the capital expenditure list, and disconsolate CFOs are struggling to bring down overhead.

FORBES: CMO Lessons For The Boardroom Table From The Kitchen Table

That applies both to the current budget balance and the net fiscal balance, including capital expenditure.

BBC: Deficit, growth and prospects