Free Trial

China National Development and Reform.........>

CHINA
CHINA: China National Development and Reform Commission stressed Monday that
property development for theme park establishment should be strictly controlled,
according to a statement on its website. 
- Local government debt risks need to be reined in, the NDRC said, adding that
no additional debt for local governments should be allowed due to theme park
building.
***Comments: The Chinese government is increasingly tightening controls on local
government debt in order to prevent further financial risks. While property
policies are not stricter, they are being more strictly enforced.  

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.