China Expands Use of Local Government Debt in Stimulus Push
Published on: Monday 10 June 2019
China will ease restrictions on how local governments can spend money raised through sales of so-called special bonds, in a move analysts said was aimed at stemming the economic slowdown. The Ministry ...
News source: https://www.bloomberg.com/news/articles/2019-06-11/china-expands-use-of-local-government-debt-amid-weaker-economy