China’s FinMin: Will strictly control local government debt risks

FX Street

Updated: 30 Oct. 2018 | 10:08

Livesquawk reports the following headlines from the Chinese Finance Ministry on the local government debt.

Will strictly control local government debt risks.

Will steadily push forward reform of special bond management.

Will guarantee reasonable financing needs of local governments.

Will curb increases of local government’s hidden debt.

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