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China says to rein in local debt, push financial reform – Reuters



International Business Times

China says to rein in local debt, push financial reform
Reuters
The NDRC said that, overall, debt levels were under control, but it would take measures to keep debt down, including allowing local government financial companies to issue bonds to replace some existing short-term debt that has high interest rates, and ...
China Local Government Debt Soars To $3 Trillion, Financial Risk BuildingInternational Business Times
Local government debt signals rising risks in Chinese financial systemSouth China Morning Post

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