Summary | A program on strengthening debt management of local
governments drafted by the Ministry of Finance (MoF) has
recently been submitted to the central government for approval
after consultation. Beijing policy makers seem to agree that
allowing local governments to issue bonds is a prudent step to
help prevent drastic economic slowing. ...
governments drafted by the Ministry of Finance (MoF) has
recently been submitted to the central government for approval
after consultation. Beijing policy makers seem to agree that
allowing local governments to issue bonds is a prudent step to
help prevent drastic economic slowing. ...
chinastakes.com | 31 May 2015