Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

MYSTERIOUS: Lgfvs - What They Never Told You

China cracks down on LGFVs' offshor

China has reportedly instructed local government financing vehicles (LGFVs) to halt the issuance of offshore 364-day bonds. The move aims to reduce risk an...

China Tightens Scrutiny of LGFVs Offshore Borrowings

Regulators are trying to restrict local governments raising finance by selling bonds overseas as higher costs increase their debt repayment risks

Caixin Global · Jan 5, 2024

China takes aim at ‘hidden’ public debt

BEIJING: China has begun a fresh round of nationwide inspections to work out how much money local governments owe, according to people familiar with the matter, a sign that authorities are preparing to take concrete steps to tackle a key financial risk.

Bangkok Post · Jun 21, 2023

From analysis to the latest developments in health,
read the most diverse news in one place.

China’s property crash: ‘a slow-motion financial crisis’

In the first part of a series, the impact of falling house prices is spreading to local government finances and the broader economy

Financial Times · Oct 4, 2022

Can Xi Jinping vanquish Covid without crushing China’s economy?

In a crucial political year, a series of open-ended lockdowns have heaped pressure on struggling businesses

Financial Times · May 12, 2022

Coverage From

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

The Ministry of Finance

53 stories

Politburo Standing Committee

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.