Delegating approvals to provinces has accelerated fundraising, but a flaw in local government financing lingers
00:00/00:00
您的浏览器不支持 audio 标签。
Listen to this article
1x
In Depth: Repayment Question Looms as China Speeds Up Special Bond Issuance
Delegating approvals to provinces has accelerated fundraising, but as interest costs hit record highs, a fundamental flaw in…
Resolving LGFVs’ liabilities is running into complications, with high-interest, noncompliant debt banks are reluctant to touch
Ultra-long bonds, tax changes and tighter debt oversight anchor fiscal strategy as growth remains uneven
A look beyond headline growth figures reveals how provinces are relying on the monetization of state assets to fill in the gaps…
Resolving LGFVs’ sprawling operational debts is running into complications, partly in the form of a tangle of high-interest,…
Onshore and offshore debt issuance surges as foreign firms lock in cheaper financing
