Free Trial

China’s Local Governments Pile On Debt In Growth Hunt


China’s local governments are expected to issue more than CNY3 trillion in special bonds in 2023, with some of the funding backed by projects with marginal returns as debt-burdened cities and towns scramble to raise funds to support growth as once reliable land sale revenues have been squeezed, advisers and analysts said -- on MNI Policy MainWire now, for more details please contact

MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

To read the full story



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.