Free Trial

BLOCK, Sep'22 1Y Strip

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
MNI (Sydney)

Chinese local government officials will be held accountable should their governments incur additional implicit debts, Finance Minister Liu Kun wrote in the People's Daily. Local governments should take market-oriented approaches to dealing with defaults and gradually dispose of existing implicit debts, Liu said. Local governments will be gradually given controls over revenues from consumption taxes, Liu said.

MNI Sydney Bureau | +61-405-322-399 |
MNI Sydney Bureau | +61-405-322-399 |
Sign up now for free access to this content.

Please enter your details below and select your areas of interest.