Beijing is finally tackling debt problems ailing… Together with a forceful stimulus to revive growth, a smart approach to defuse China’s local government debt bomb…
China’s financially weaker LGFVs face default… China’s weaker local government financing vehicles (LGFVs) are facing higher risks of default and missed payments…
Crackdown on local SOE land buying a further… A land buying binge by local government-backed companies may slow down after Beijing warned against the practice,…
China’s LGFV bonds to shine in 2022 as market… The debt sold by LGFVs have filled in the vacuum of high-yielding debt sold by developers, as a sluggish real…