Saturday, April 10, 2021
Tags Chinese local governments

Tag: Chinese local governments

Beijing Orders Local Governments to Tackle Hidden Debt Pile

The Chinese central government has ordered local governments to thoroughly investigate and curb their "hidden debt" levels as part of ongoing efforts to deleverage...

China’s Local Governments Rolled over 100 Billion Yuan in Debt in First Half of 2018

China's local governments are using much of the funds raised from new bond issues to repay outstanding debt on track to mature. Data from China's...

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Digital Renminbi Makes Its Debut on Renmin University Campus

Ongoing trials of China's Digital Renminbi have brought the central bank digital currency to one of the country's most prestigious tertiary institutions....

China’s Services Exports Surge over 20% since Start of 2021, Imports Plunge by More Than 18%

China has seen a sharp rise in its exports of services since the start of 2021, in tandem with a plunge in...

Liquidity to Come Under Modest Pressure in April Following Funds Contraction of 30 Billion Yuan in March

Liquidity in the Chinese finance system is expected to come under modest pressure in the month of April as a result of...

China Co-chairs G20 Sustainable Finance Study Group with United States

China will play a leading role in efforts by the G20 to develop solutions for the challenges faced by the global sustainable...