China’s financially weaker LGFVs face default… China’s weaker local government financing vehicles (LGFVs) are facing higher risks of default and missed payments…
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…
How big is China’s hidden debt problem, and what… Local governments in China are racing to clean up off-balance sheet borrowing as cutting debt is now top of the…