Tuesday, May 18, 2021
Tags Local government debt

Tag: Local government debt

PPP Bond Growth Could Trigger Systemic Financial Risk: Government Analyst

Beijing's efforts to curb "covert" increases in local government debt will put a squeeze on the issuance of bonds to fund public-private partnerships. The National...

Central Government Flags Heavy Pressure on Covert Local Government Debt Growth

China's central government appears intent upon keeping a lid on "covert borrowing" by the country's local governments as part of its ongoing deleveraging campaign. China's...

Chinese Local Governments Issued 4.36 Trillion Yuan in Bonds Last Year

Official data indicates that local government bonds emerged as the largest bond category on the Chinese debt market in 2017, as authorities continue to...

Big Banks Cut Back on Financing of Public Private Partnerships

Multiple Chinese banks are dialling back their support for public-private partnerships, as regulators crack down on use of the vehicles by local government to engage...

Provincial Governments Step Up Regulation of Public-Private Partnerships

Provincial governments around China have issued new policies for stepping up the regulation of public-private partnerships (PPP) in 2018, as Beijing endeavours to rein...

Provincial Authorities Intent on Squeezing Local Government Debt in 2018

Provincial governments around China are dialling up their regulation and scrutiny of local government debt at Beijing's behest as part of efforts to forestall...

Financial Work Conference Flags Greater Scrutiny of Local Government Debt in 2018

China's National Financial Work Conference has indicated that the government will step up its regulation and scrutiny of local government debt in 2018. The National...

Let Local Governments Go Bankrupt Like Detroit in 2013: Chinese Central Bank

One of the Chinese central bank's senior-most officials has called for Beijing to completely abolish its control of local government bond issuance, and allow...

Ministry of Finance on “High Alert” Over Hidden Local Government Debt

The vice-head of China's Ministry of Finance has warned of the need for regulators to be on "high alert" over the hidden debt of...

Ministry of Finance Claims Success in Curbing Local Government Debt

Beijing says that government debt risk still lies within "controllable" limits, while also resolving to dissipate accumulated local government financial risk and control growth...

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China’s Commercial Banks See YoY Profit Growth of 2.4% in First Quarter, NPL Ratio Eases to 1.8%

The latest official data points to modest growth in the net profits of the Chinese commercial banking sector in the first quarter...

ICBC Tops Forbes List of World’s 2000 Leading Public Companies for Ninth Consecutive Year

China biggest bank in terms of assets has once again topped the Forbes Global 2000 list of the world's leading public companies....

PBOC Undertakes 100 Billion Yuan in 1-year MLF Operations on 17 May, Rates Remain Unchanged

The People's Bank of China (PBOC) undertook 100 billion yuan in medium-term lending facility (MLF) operations on 17 May, alongside 10 billion...

Huawei Wants to Drive China’s Transformation into the World’s Digital Leader

Chinese telecoms giant Huawei has committed to a major overhaul of its cooperative partnership ecosystem as part of efforts to transform China...