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China's Finance Minister was warned.....>

CHINA PRESS
CHINA PRESS: China's Finance Minister was warned local governments against
illegal debt issuance in an environment where cuts in taxes and fees have had a
greater impact on fiscal revenues, reports China Business News. Speaking at a
conference where he delivered the 2018 Final Accounts Report, Finance Minister
Liu Kun said it was necessary to strengthen the management of local government
bond issuance and rationally arrange the rhythm of issuance. 

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