The Chinese government plans to launch a system to monitor local government debt as part of efforts to contain economic leverage.
Sources from the Ministry...
One of China's main policy banks has suspended the provision of funds for the redevelopment of shantytowns, amidst concerns about risk in relation to...
China's Ministry of Finance has indicated that it will accelerate the process of issuing debt quotas to the country's local governments.
The "Notice Concerning Strengthening...
Speaking at the inaugural meeting of the 13th National People’s Congress on 5 March, Chinese Premier Li Keqiang emphasised the central government's ongoing commitment...
China's insurance regulatory has cautioned the country's insurance funds against providing covert funding to local governments, amidst a crackdown on regional debt.
Chen Wenhui, deputy...
